Tue, 29 December 2015
Does growing your email list feel like a slow, painful process? It can be especially difficult as a shop owner without a website to call your own. How do you attract those leads? And how do you create a landing page to get them without setting up your own website? Danielle Arran of the Etsy Shop NarraNest will teach you how to do it with a unique strategy that's increased her email list by 10X in just 2.5 months. Her results are astounding! But they're results that a real Mamapreneur just starting out in business - a woman just like you - was able to attain. On the Podcast01:28 - Nesting for Baby, Nesting for Business Press Play on the Podcast Player below to hear from Danielle Nesting for Baby, Nesting for BusinessWhen Danielle was in the nesting phase of her pregnancy, she looked everywhere for the perfect items to complete baby Juniper's room. She couldn't find just what she wanted, so she decided to make items instead. She found fabric she really loved and got to work making bedding, blankets, and other items for her baby-to-be. Danielle knew she wanted to be an entrepreneur someday, and finally her time and talents aligned to make it happen. NarraNest began in January of 2015, and the shop is filled with beautiful, organic bedding, blankets, bibs, and baby-wearing accessories. NarraNest believes in kindness to mama, kindness to the Earth, and supporting the sacred bond between Mama and baby with safe, natural products. Danielle's Unique Opt-in OfferThe gurus always tell us that we need to give away something really great in order to get people on our email list. Well, Danielle took that advice to the extreme! Instead of giving away a checklist, printable, or guide, Danielle gives away something much better to her subscribers - one of the products from her shop! Danielle decided that her opt-in incentive would be a giveaway of her own product each month. As long as someone stays subscribed to her list, they'll hear about the new giveaway for the month and have a chance to enter. Her reasoning was that someone who is interested in winning her products may also be interested in buying her products. (Makes sense! I don't have a baby right now so I'm not excited to win Danielle's items, but a new parent absolutely would be, and that's Danielle's target customer.) Danielle's other reasoning for paying for email subscribers in the form of free products: If you pay to get someone on your email list, that's someone you can build a relationship with over the long term. When you have just the right product to share, they will be there waiting to hear about it and buy. That email subscriber may purchase from you multiple times over the course of your relationship. How to Use Facebook Ads to Grow your ListWhen Danielle decided on her giveaway strategy to attract new subscribers, she started by announcing them on her Facebook page and Instagram. Each time, she'd gain about 100 new subscribers. That was nice, but she wanted more. For her October 2015 Giveaway, Danielle decided to try Facebook ads to make a bigger impact. She was excited to try Facebook ads in particular because you can pinpoint who sees your ads. Danielle knows exactly who her ideal customer is, so she wanted to see if she could reach them with an ad. How She Got Started: From there, Danielle went into the Facebook Ads Platform and chose that post as the content that she wanted to promote. She chose to target women in the US and Canada between 24-35 years old, and who have an interest in one of the baby carrier brands (for example, Ergo) and were expectant or new parents. For the October giveaway, this was just one great big combined audience of 110,000 people. In subsequent months, Danielle has broken down this large audience into multiple, smaller audiences to compare how they each stack up to each other in terms of cost and engagement. You can run just one campaign, with the same "ad" (the post that describes the giveaway) but create multiple audiences to target. Then you can directly compare them to each other and home in on the groups that give you the biggest bang for your buck. Note: Danielle did not just boost her post. She turned that post into an ad. You have to go into the ads platform to have all of the specific targeting options available to you. Facebook Ad Quick Tips
Gleam for GiveawaysDanielle knew she wanted several features for the giveaway app she chose. She ultimately went with Gleam for several reasons:
Danielle pays $39/month for Gleam. What to do with a Closed GiveawayOnce a giveaway starts to spread, it's a shame to see people visit the page and simply walk away because the giveaway is now closed. Since Danielle does a new giveaway each month, she can simply point these prospective entrants to the new giveaway entry page and close the loop. Once a certain giveaway ends, Danielle turns that link into a MailChimp opt-in page. She can customize the opt-in form with a photo of her business, and include information at the top to let people know that even though this giveaway is now closed, they can click on the link and head to the new giveaway. Danielle doesn't lose any referral traffic this way. How to Advertise without Wasting your MoneyMany small business owners are afraid to advertise because they have a limited budget for their business. It's so discouraging to invest in advertising only to feel like you just dumped your money down the drain. But it is possible to advertise wisely and make a profit from your efforts. Danielle recommends starting small, running tests, and only increasing your advertising budget when you start to see results. Danielle started her October giveaway with just a few dollars of ad spend, but once she saw great results in the form of entries, shares, and engagement on her post, she knew it made sense to invest more. Danielle also saw several sales come in rather quickly after she started her ad, so she took the profits from those sales and reinvested that into more advertising for the giveaway. In total, Danielle spent $55 on Facebook ads for her October Giveaway. She gained 788 email subscribers as a result. That's insane!! Danielle got email subscribers at just 7 cents per lead. In the internet marketing world a good price per lead is $1-$2. So pennies per lead is quite incredible. Danielle is making advertising work in her handmade business with small profit margins. It could work for you too, but you'll have to be creative, test constantly, and not get discouraged if your first attempt isn't a smashing success. Danielle's Exponential List GrowthDanielle's monthly giveaway strategy has paid off in big ways for her business. On October 1, she had 224 email subscribers. Her goal for the year was to hit 500 subscribers. After Danielle blew that goal out of the water with her first paid giveaway, she set a new goal to hit 2,500 subscribers in 2015. At the time of the podcast interview in mid-December, Danielle has already surpassed that goal with 2750 subscribers. She has more than 10X'ed her email list in 2.5 months! Lets subscribers know that as long as they're subscribed, they're automatically entered in that month's giveaways - or automatically find out - so chance they will keep opening to find out about the next month's giveaway and how to enter. Danielle has also added more followers on other forms of social media as well - growing Facebook from 234 to 1533 fans, Instagram to 2,000 followers, and another 1,000 new followers on Pinterest. We were curious about whether these new subscribers stick around or simply unsubscribe when they find out they didn't win. Danielle says they tend to stick around because they know there's a new giveaway coming next month. She hopes that encourages them to open emails from her so they won't miss out. Danielle's list growth is resulting in sales too. Her last quarter of sales for 2015 is more than her total sales for the 9 months before that. Although this is Danielle's first year and she knows it's the holiday season, it's pretty easy to see that a good portion of her traffic and sales are coming through her email list too. Danielle Ignores the Gurus - Maybe you Should Too!Danielle has found that much of the advice that the gurus give on email marketing doesn't work so well for her and her handmade business. Instead, she's developed a system that works for her and keeps her subscribers happy. Below are all the ways Danielle ignores the gurus.
A Unique Way to do Market ResearchThe Gleam Giveaway App has allowed Danielle to do market research in a unique way. Giveaway entrants can earn an extra entry by answering questions! Danielle says that the answers have been so valuable that they're worth the cost of the giveaway alone even if she didn't gain new subscribers from it. Danielle has asked entrants, "What's the most important thing you're looking for when you're shopping for baby stuff?" Then she takes those answers to go back and refine her Etsy listings so she's using the terms her ideal customers use to find great products. She found that many people use "safety" when it comes to baby items, but because that word is so obvious, Danielle hadn't used that in her listings. Now she does, and the listings where safety is listed now convert into sales more often! Danielle also asked what other baby brands the entrants like. She can use those answers to go create new custom audiences to target on Facebook. "What other blogs or websites do you like?" is another question Danielle has asked. Her awesome Mom is currently compiling that list so that Danielle knows exactly where to advertise her products in 2016 or which bloggers to partner with to do giveaways and reviews. So perfect! Danielle is using her current audience to find more people like them! Danielle highly recommends that you get ultra-specific when it comes to your ideal customer. Create a persona for her: What does she like? Where does she live? What does she read? Create that imaginary person and talk right to them. Market where they hang out online. Gleam has given Danielle so much more information to fill in her ideal customer profile and narrow down her marketing. How to Help your Customer Try on your ProductWe absolutely love the ad Danielle used for her Baby Carrier Cover Giveaway. She made a four-part photo illustrating how to use the cover so customers could visualize how it would fit into their lives. Essentially, the carrier cover allows you to take your baby carrier, roll it up and snap it into a storage sack that sits around your waist. You can contain your baby carrier better so you don't have straps dangling all over the place. Once people see the product in action, they absolutely love it and can see how it solves a problem! But without the step-by-step photos, it just looks like a random piece of material. Step-by-step photos can be a great strategy for many kinds of businesses. If it's not super obvious how your product works or if you can catch someone's attention and help them to visualize your product in their lives, that's perfect. Danielle knows that on Facebook people scroll quickly. If your post doesn't catch their eye right away they're gone. Make it clear quickly why something is helpful to someone We decided that step-by-step photos can be a fun interactive way to present all sorts of products. Even something as simple as a t-shirt can seem more fun when you divide it into steps: Step 1 pull T-shirt out of drawer, Step 2 put T-shirt on, Step 3, be awesome. Isn't that more fun? Danielle says that this process helps your customer to try on the product in their mind. They start mentally taking ownership of that product and putting it into their life. So they're one step closer to owning it. Danielle's Awesome iPhone TrickIf you find yourself often typing out long phrases or words like your shop website or email address on your phone, you can create shortcuts with text replacement. Just go into your phone's settings, keyboard, and text replacement. Danielle has set up her phone so that when she types nnetsy her entire shop URL populates. If she types d@g her entire email address populates. What a great trick for busy moms who are always trying to run their businesses on the go! Juniper the Comedian!Danielle's little girl is too funny in this story! Tune in to see how she called out her Dad without saying a word! Find Danielle Online!Narranest.Etsy.com
Direct download: Episode2012720Danielle20Arran_mixdown.mp3
Category:general -- posted at: 12:56am EDT |
Tue, 22 December 2015
Are you struggling with balancing too many social media platforms? What about monetizing your site to its fullest extent - so there's a chance to earn something from every single visitor? Jennie Brandon, our very first guest from the UK walks us through loads of great tips on how to use the IF app to leverage our presence on social media. She then goes beyond a handy app to teach us all the ways we can make sure our site is ready for an international audience. (The stats she shares are staggering, so you definitely don't want to ignore this huge demographic who could fall in love with your content!) On the Podcast01:26 - Jennie's Two Blogs Press Play on the Podcast Player Below to Hear Great Tips from our Favorite Brit, Jennie BrandonJennie’s Two BlogsJennie lives in Cambridge with her husband of 10 years and two small children Sophie and Joe. She has two blogs, The Errant Sock, and Laundry in the Temple. Laundry in the Temple is where Jennie shares how she teaches her children about her faith and The Errant Sock is a lifestyle blog with parenting hacks, books, and lots of recipes. All of Jennie's friends call her the “slow cooker whisperer” so she shares plenty of tips to help out other mums! Running two blogs and being a mum of 2 means that Jennie has limited time to invest in social media and sharing her content. How Learning Creates OpportunityWhen Jennie first reached out to us it was to share a story of how the Brilliant Business Moms podcast had helped her business and landed her a new job. Years ago, Jennie created her first blog where she focused on slow cooker recipes. Later when she tried to get back into blogging as a way of bringing in more income, she found that the blogging world was very different. In order to get caught up quickly she began listening to the podcast and it was Episode 53, Everything Twitter with Kelli Miller, that made the biggest impact on Jennie's blog and life. Jennie had never been very comfortable with Twitter before listening to the episode, but by the end of the podcast, she felt ready to give it another try. Jennie dug into Twitter and got 600% more views to her blogs by focusing on the platform! While Jennie still works on growing her blogs, she knew that she needed to take on a traditional job for now to make ends meet for her family. The podcast helped her with that goal too! A local pastor approached Jennie with a job opportunity, and it was her social media knowledge and web design expertise that set her apart from the other candidates! Jennie's new job lets her use her new skills in social media and website development, and it fits around her schedule and life as mum. What a great example of how learning creates opportunity! What is the “IF” App?IFTTT (If This, Then That - now called the IF App) is an app that allows you to connect other apps and websites to each other for completing an array of different tasks. Each app, program, or website you can connect is called a channel, and you can create "recipes" between the channels.The title really explains it all: If you do something on one channel, then something else will automatically happen on another channel. There are hundreds of suggested recipes to help you get started, but almost any way of connecting two apps that you can imagine can be created to make your business and personal life more convenient. The IF app currently has over 250 different channel options, which include Ebay, Etsy, Twitter, Evernote, Fitbit, Spotify, Feedly, Youtube, Trello, Reddit, and they just recently added Pinterest!
Here are a few examples of how the app works: Jennie has set up the IF app so that IF she takes a photo on her android phone, that photo is automatically saved to her Google drive. If she tweets something, that tweet is automatically saved to Evernote. If you leave the office, you could even set up a recipe to turn on your heat if you have a smart heater! There are so many possibilities! Our heads were spinning when we heard that Pinterest was just recently added: You could automatically pin items that you just added to your etsy store, Pin instagram photos to a board, or Tweet every time you add a pin. Build Leverage Across Social Media PlatformsIn running two blogs Jennie really didn’t have time to devote to social media. She also didn’t have time to be creating new content every single day. Jennie uses the IF App as a way of sharing the content of bloggers that she trusts (as well as her own content) to various social media platforms on a regular basis. This happens automatically without the time and effort it would take to go in and manually schedule content. The IF App lets Jennie have a constant stream of valuable content across all of her feeds in a fraction of the time. In this way, her account always looks active and can engage with her followers. She never loses momentum due to a busy week at home. Below are some recipes that Jennie uses:
Overall, even when Jennie is crazy busy at home and has zero time to post on her blog or social media, she still looks perfectly active and keeps her sites top of mind for her followers by automatically curating great content for them. For Bloggers who Work with Brands: There are thousands of possible recipe combinations you can use with the IF App, so be creative and don’t be afraid to play around. They also offer many suggestions for inspiration. And the app is just as useful for your personal life as it is for your business. How to Start Using IFTTTJennie gave us some great tips and an outline of how to get started with IFTTT and make it work best for you and your business!
The Downsides to the IF App:
How to Monetize InternationallyBased on the staggering numbers Jennie shared, it may be in your best interest to consider your international readers and to work to serve them better. The population in the US is 320 million people. The population of other countries with a similar potential audience (UK, Australia, New Zealand, Canada, & South Africa) is 190 million people. So these other readers in English-speaking countries with a similar culture could add 60% more potential readers to your site. With a few tweaks to your content, your site, and the products you offer, you can monetize their visits to your website. Monetization Ideas for an International Audience:
Hopefully this gets you thinking about all the ways you can monetize your site to a wider audience. We all know digital products can be great for business, but if you've delayed creating them thus far, maybe knowing you could attract 60% more potential customers will be just the thing to get you started! Why Your Amazon Affiliate Links Aren’t Making You MoneyDid you know that if someone from the UK clicks on an Amazon affiliate link from your website you do not get a commission? Shoppers in the UK cannot order from Amazon.com; they have to order through AmazonUK. But there is a way to fix this and ensure you're earning a commission from your international readers.
Note: Amazon says that if over 10% of your traffic is from other Amazon countries, this process should be worth it for you - particularly if you get a large volume of traffic to your site, or you already do well by being an Amazon affiliate. How to Be Inclusive of an International AudienceOne of the best parts of having our first podcast guest from the UK is that Jennie was happy to share many ways that US bloggers and business owners can be more inclusive of international readers. Below are some simple ideas to cross different cultures with your brand.
Jennie sent over some other notes and thoughts, and I really liked what she had to say here to sum things up: Be aware that we may have some different challenges and concerns. e.g. Brits have less disposable income and live in smaller houses because land is very precious here. We drive less because fuel is very expensive and driving is more stressful. Over half of us don't have a dryer for laundry, often because we don't have the space. We're also increasingly environmentally friendly and a post that suggests waste may hit a nerve. But please don't feel sorry for us! We wonder how you manage without universal healthcare, how you cope with tornadoes and blizzards, how you manage with so little annual leave (we typically get at least 4 weeks, not 2 plus 8 national holidays) and how you can consider anything over 2 hours not being a really long drive! (That last line really made me chuckle as Holden and I used to drive from South Carolina to Pittsburgh for an 11-hour day, and I didn't think that was "too long of a drive" :) It's so fun learning about other cultures! Jennie's Hilarious Mum MomentJennie's daughter Sophie's spirit of determination is so adorable in this story! You'll have to listen to the podcast to hear all about it! Find Jennie Online
Direct download: Episode2012620Jennie20Brandon20final202.mp3
Category:general -- posted at: 12:18am EDT |
Tue, 15 December 2015
Have you ever wondered what the magic formula is for making it big on Etsy? Here's the thing: that magic formula involves a lot of working pieces all combining together to make for excellent products, incredible customer service, and a business that succeeds. Cindy Funk has been selling adorable vintage tea towels on Etsy for several years, and with over 6,000 sales, she knows a thing or two about that magic formula. Learn from Cindy and discover all the pieces you can bring together to create your own magic formula for success. You got this! On the Podcast:01:11 - What Martha Stewart and Cindy Funk have in Common 05:09 - Where Can You Find Mint Condition Vintage Items? 08:38 - Why Cindy Doesn't Cast a Wide Net 10:48 - Cindy's Fascinating Customers 13:45 - Why Cindy's Branding is "Anti-Etsy" 18:00 - Etsy SEO + Promoted Listings 26:08 - Inventory Management 28:11 - If I Could Turn Back Tiiiiiiime! 35:23 - Cindy's Wins 39:05 - 3 Tips for Making it on Etsy Long-Term 40:39 - We're Here, We're... a Little Different! And We're Not Going Anywhere! 43:00 - Cindy's Hilarious Mom Moment What Martha Stewart and Cindy Funk have in CommonCindy's business began as a long-time hobby first. She has been collecting vintage linens for years since her father passed away. She became interested in them because of the nostalgia and memories they carried. After collecting so many, she realized that her home was being taken over by linens ,and something needed to change! Cindy started looking for ways to sell her linens. At first, she signed up for a booth in an antiques mall, but the mall closed down before she was able to sell anything. So what do Martha Stewart and Cindy Funk have in common? They both love Etsy! And they both discovered it around the same time! Not long after her antiques mall attempt, Cindy was watching an episode of Martha Stewart and saw one of the founders of Etsy being interviewed. After learning that Etsy sold vintage items in addition to handmade, she signed up in 2009 and began listing her first items in 2010. It didn’t take long for Cindy to realize that Etsy was a great platform for her vintage tea towels! They started selling pretty quickly on the site. In 2011 Cindy set a goal to sell 100 items, that year. Instead, she sold 1000 items! From that point on, she started looking at her Etsy shop as a real business. Where Can You Find Mint Condition Vintage Items?It turns out... all over the place! Cindy hunts far and wide for just the right vintage linens to add to her shop. Since she focuses on items that are in mint condition, it can be quite tricky for her to keep her shop inventory at the 250-item level that she prefers. Here's a list of all the places Cindy has found Vintage Linens:
Cindy dedicates one day a week to scouting vintage items. She picks one town that's within driving distance to her home in Central Illionois and goes shopping! There's a flea market once a month about an hour away, so she tries to attend that on a regular basis. And she also hunts online. Cindy has great relationships with several antique dealers. They have her card and give her a call when something of interest comes in. As an experienced seller who likes to keep her inventory high, it's in their advantage to call someone who may make a large purchase all at once. Why Cindy Doesn't Cast a Wide NetOnce upon a time, Cindy thought she could grow her business by offering a wider variety of items. She branched out to vintage collectibles and spent about 6 months buying up inventory. She had 500 items in her shop! Cindy thought that new customers would find those collectibles, head to her shop, and buy other items while they were there. That didn't really happen! They just bought their one collectible item and left. Cindy also felt overwhelmed and her office space was taken over by collectibles. She has slowly sold off those items and focused on vintage linens and becoming well-known in that niche. Cindy is seen as an expert when it comes to vintage tea towels. Other sellers and collectors turn to her for advice. She recommends that all Etsy sellers try tospecialize in something specific. By focusing on one main item, Cindy is able to better help her customers with her knowledge and experience. In addition, Cindy has a large base of repeat customers. She's developed great friendships over the years because she and her customers share the same interest and passions - they love vintage tea towels! (Want to establish yourself as an expert in your field? See our tips right here.) Cindy's Fascinating CustomersWith such a specific niche, Cindy has had quite a lot of interesting customers through the years! She's sold to celebrities, museums, and prop masters for movies! Cindy says the prop masters always crack her up, because they need their items yesterday! Recently, a prop master purchased a vintage paper tablecloth from her for $6 but paid $60 to have it shipped overnight to Canada! Her products have even been purchased for a movie that starred Ben Affleck, but Cindy hasn't watched the movie yet to see if her items appeared in the set. And she's almost positive that one of her vintage tablecloths was featured in "The Help" but she can't be sure since the purchaser didn't mention anything at the time. Cindy has one celebrity customer who has reordered from her 3 times, but she's too respectful of that person to fill us in on who it is! Finally, Cindy's items can be found in museums. Sarah brought up a great point: Cindy clearly has an excellent product if museums are coming to her for items to feature in their displays! (Now I'm off to see what old-school movies Ben Affleck has starred in - in the past 5 years!) Why Cindy's Branding is "Anti-Etsy"The general vibe on Etsy tends to be clean, bright, simple designs, with plenty of white space in photos to give a sense of calm. Cindy's branding is staunchly "Anti-Etsy" as she calls it! Her quirky, fun vintage tea towels just don't lend themselves to this vibe. Her shop is full of colors, patterns, and scenes, and this works for her. All of the pieces in her shop help support the main theme of the products which are (just like her tagline says) vintage with graphic appeal. The Close-Up: Unlike many Etsy sellers, Cindy has opted to do something different with her cover photo. Instead of using an image of the entire product, she starts with a close-up of the linen so you can see the details and quality of the item. This allows her customers to see exactly what they will be getting and to fall in love with the patterns and scenes found on her items. As with all aspects of her Etsy shop, Cindy experiments with her photography. She found that if she zoomed out to show the whole linen, it was harder to see the graphics that are truly the cornerstone of each item. A zoomed out photo just looks like any other piece of cloth. The Routine: Cindy doesn't have a designated photography day each week. Instead, she tries to list 3-5 items, 4-5 days out of every week. She takes photos of just those items, edits them, uploads them to Etsy and fills out her listing. When she's done, Cindy has created several new listings from start to finish. Cindy says she loves to time-block so she sets aside time each day for capturing and creating her new listings. (We love time-blocking too!) Etsy SEO + Promoted ListingsCindy uses several tactics to help her items get found more often on Etsy:
Quick Tips on Promoted Listings from Beth Anne There are several factors that determine how well your promoted listing will do: 1.) Competition from other listings. If there's way too much competition, your items may not get shown very often, and that means they won't get clicks or sales. You can up your bid to counteract this competition, but at a certain point that bid per click just becomes way too expensive to be profitable in the long run. If you find this happening to your promoted listing, move on and promote something else! In Cindy's case, she has a niche product that likely faces little competition. This is great for her! She can promote away without having to bid an extremely high amount per click. 2.) Your listing's profitability to Etsy. If you're selling a more expensive item, chances are good that Etsy will choose to show your item over other promoted items in your niche. They stand to make a larger commission when your item sells. (Etsy cares just as much about making as you do!) But the price of your item isn't the only thing that determines how profitable it will be for Etsy. It has to sell to be profitable! So if your conversion rate is high (the number of sales divided by the number of clicks) Etsy will likely show your item more often. They know your item sells well, so they'll keep on showing it. (You should also know that conversion rate matters a great deal for getting found in unpaid Etsy search as well. If your item doesn't sell well, Etsy will push it to the back.) For reference: A typical conversion rate for an online store is 2%, or 2 sales per every 100 visitors/clicks to the shop. A great conversion rate is about 5%. A conversion rate that could use improvement is 1% or lower. I generally aim for a 1% conversion rate if I'm doing paid advertising. And in our case, that means I can afford to pay 10 cents per click, or $10 total to acquire a customer for our Brilliant Business Planner. That keeps us profitable. So if I find that I'm bidding way more than 10 cents per click in promoted listings, unless my conversion rate skyrockets, I'd better lower that bid or find a new listing to promote! For reference, our planner listing conversion rates vary greatly depending on the keywords we use to attract customers. We get anywhere from 0% to 5% conversion rates on our promoted listings. (Yeah... that 5% conversion rate... you better believe I'll be promoting that til I'm blue in the face!) Inventory ManagementWith over 200 items for sale in her shop, Cindy has to keep her inventory very well organized. She's had bad experiences in the past when this wasn't the case. Then, an order is placed and she's scrambling and panicked - "where did that towel go?!" Now, Cindy uses plastic containers with drawers to keep everything sorted and folded. She separates her items by type - tea towels, table cloths, and plastic tablecloths. Then Cindy stores her collectibles in wooden cubbies. She says that even when her workspace isn't neat, her inventory always is! If I Could Turn Back Tiiiiime!One of the best things about talking with a seasoned Etsy seller is learning what she'd do differently if she could do it all again. Cindy would love to pull a "Cher" and do these things differently if she could turn back time.
Cindy’s WinsCindy has done so many things right when it comes to growing her Etsy shop. Below are a few of her wins!
3 Tips for Making it on Etsy Long-Term
We're Here! We're... a little Different! And We're Not Going Anywhere!Etsy is known for being a handmade marketplace and Cindy has found that sometimes the vintage sellers get ignored. For example, when Etsy went public, there was no mention of the vintage and supplies side of things the marketplace. The press tends to describe Etsy simply as "a handmade marketplace" so many vintage lovers don't even know they can go there to find great treasures. To combat this focus, Cindy wants vintage Etsy sellers to support each other, and she makes an effort to help promote others in her field. As these vintage shops and sellers work together, the community can grow and create more of a voice for vintage sellers on Etsy. Cindy also lets Etsy know how much she appreciates it when she sees them feature a Vintage item in their finds. Essentially, she keeps letting them know that "she's here!" and not to forget about this wonderful side of Etsy. Cindy's Hilarious Mom MomentYou'll have to tune in to hear about "The Great Cheese Incident." Too funny! Find Cindy Online!Shop: NeatoKeen.Etsy.com (Check it out! Her items are adorable and so unique!) Have you ever wondered what the magic formula is for making it big on Etsy? Here's the thing: that magic formula involves a lot of working pieces all combining together to make for excellent products, incredible customer service, and a business that succeeds. Cindy Funk has been selling adorable vintage tea towels on Etsy for several years, and with over 6,000 sales, she knows a thing or two about that magic formula. Learn from Cindy and discover all the pieces you can bring together to create your own magic formula for success. You got this! On the Podcast:01:11 - What Martha Stewart and Cindy Funk have in Common 05:09 - Where Can You Find Mint Condition Vintage Items? 08:38 - Why Cindy Doesn't Cast a Wide Net 10:48 - Cindy's Fascinating Customers 13:45 - Why Cindy's Branding is "Anti-Etsy" 18:00 - Etsy SEO + Promoted Listings 26:08 - Inventory Management 28:11 - If I Could Turn Back Tiiiiiiime! 35:23 - Cindy's Wins 39:05 - 3 Tips for Making it on Etsy Long-Term 40:39 - We're Here, We're... a Little Different! And We're Not Going Anywhere! 43:00 - Cindy's Hilarious Mom Moment What Martha Stewart and Cindy Funk have in CommonCindy's business began as a long-time hobby first. She has been collecting vintage linens for years since her father passed away. She became interested in them because of the nostalgia and memories they carried. After collecting so many, she realized that her home was being taken over by linens ,and something needed to change! Cindy started looking for ways to sell her linens. At first, she signed up for a booth in an antiques mall, but the mall closed down before she was able to sell anything. So what do Martha Stewart and Cindy Funk have in common? They both love Etsy! And they both discovered it around the same time! Not long after her antiques mall attempt, Cindy was watching an episode of Martha Stewart and saw one of the founders of Etsy being interviewed. After learning that Etsy sold vintage items in addition to handmade, she signed up in 2009 and began listing her first items in 2010. It didn’t take long for Cindy to realize that Etsy was a great platform for her vintage tea towels! They started selling pretty quickly on the site. In 2011 Cindy set a goal to sell 100 items, that year. Instead, she sold 1000 items! From that point on, she started looking at her Etsy shop as a real business. Where Can You Find Mint Condition Vintage Items?It turns out... all over the place! Cindy hunts far and wide for just the right vintage linens to add to her shop. Since she focuses on items that are in mint condition, it can be quite tricky for her to keep her shop inventory at the 250-item level that she prefers. Here's a list of all the places Cindy has found Vintage Linens:
Cindy dedicates one day a week to scouting vintage items. She picks one town that's within driving distance to her home in Central Illionois and goes shopping! There's a flea market once a month about an hour away, so she tries to attend that on a regular basis. And she also hunts online. Cindy has great relationships with several antique dealers. They have her card and give her a call when something of interest comes in. As an experienced seller who likes to keep her inventory high, it's in their advantage to call someone who may make a large purchase all at once. Why Cindy Doesn't Cast a Wide NetOnce upon a time, Cindy thought she could grow her business by offering a wider variety of items. She branched out to vintage collectibles and spent about 6 months buying up inventory. She had 500 items in her shop! Cindy thought that new customers would find those collectibles, head to her shop, and buy other items while they were there. That didn't really happen! They just bought their one collectible item and left. Cindy also felt overwhelmed and her office space was taken over by collectibles. She has slowly sold off those items and focused on vintage linens and becoming well-known in that niche. Cindy is seen as an expert when it comes to vintage tea towels. Other sellers and collectors turn to her for advice. She recommends that all Etsy sellers try tospecialize in something specific. By focusing on one main item, Cindy is able to better help her customers with her knowledge and experience. In addition, Cindy has a large base of repeat customers. She's developed great friendships over the years because she and her customers share the same interest and passions - they love vintage tea towels! (Want to establish yourself as an expert in your field? See our tips right here.) Cindy's Fascinating CustomersWith such a specific niche, Cindy has had quite a lot of interesting customers through the years! She's sold to celebrities, museums, and prop masters for movies! Cindy says the prop masters always crack her up, because they need their items yesterday! Recently, a prop master purchased a vintage paper tablecloth from her for $6 but paid $60 to have it shipped overnight to Canada! Her products have even been purchased for a movie that starred Ben Affleck, but Cindy hasn't watched the movie yet to see if her items appeared in the set. And she's almost positive that one of her vintage tablecloths was featured in "The Help" but she can't be sure since the purchaser didn't mention anything at the time. Cindy has one celebrity customer who has reordered from her 3 times, but she's too respectful of that person to fill us in on who it is! Finally, Cindy's items can be found in museums. Sarah brought up a great point: Cindy clearly has an excellent product if museums are coming to her for items to feature in their displays! (Now I'm off to see what old-school movies Ben Affleck has starred in - in the past 5 years!) Why Cindy's Branding is "Anti-Etsy"The general vibe on Etsy tends to be clean, bright, simple designs, with plenty of white space in photos to give a sense of calm. Cindy's branding is staunchly "Anti-Etsy" as she calls it! Her quirky, fun vintage tea towels just don't lend themselves to this vibe. Her shop is full of colors, patterns, and scenes, and this works for her. All of the pieces in her shop help support the main theme of the products which are (just like her tagline says) vintage with graphic appeal. The Close-Up: Unlike many Etsy sellers, Cindy has opted to do something different with her cover photo. Instead of using an image of the entire product, she starts with a close-up of the linen so you can see the details and quality of the item. This allows her customers to see exactly what they will be getting and to fall in love with the patterns and scenes found on her items. As with all aspects of her Etsy shop, Cindy experiments with her photography. She found that if she zoomed out to show the whole linen, it was harder to see the graphics that are truly the cornerstone of each item. A zoomed out photo just looks like any other piece of cloth. The Routine: Cindy doesn't have a designated photography day each week. Instead, she tries to list 3-5 items, 4-5 days out of every week. She takes photos of just those items, edits them, uploads them to Etsy and fills out her listing. When she's done, Cindy has created several new listings from start to finish. Cindy says she loves to time-block so she sets aside time each day for capturing and creating her new listings. (We love time-blocking too!) Etsy SEO + Promoted ListingsCindy uses several tactics to help her items get found more often on Etsy:
Quick Tips on Promoted Listings from Beth Anne There are several factors that determine how well your promoted listing will do: 1.) Competition from other listings. If there's way too much competition, your items may not get shown very often, and that means they won't get clicks or sales. You can up your bid to counteract this competition, but at a certain point that bid per click just becomes way too expensive to be profitable in the long run. If you find this happening to your promoted listing, move on and promote something else! In Cindy's case, she has a niche product that likely faces little competition. This is great for her! She can promote away without having to bid an extremely high amount per click. 2.) Your listing's profitability to Etsy. If you're selling a more expensive item, chances are good that Etsy will choose to show your item over other promoted items in your niche. They stand to make a larger commission when your item sells. (Etsy cares just as much about making as you do!) But the price of your item isn't the only thing that determines how profitable it will be for Etsy. It has to sell to be profitable! So if your conversion rate is high (the number of sales divided by the number of clicks) Etsy will likely show your item more often. They know your item sells well, so they'll keep on showing it. (You should also know that conversion rate matters a great deal for getting found in unpaid Etsy search as well. If your item doesn't sell well, Etsy will push it to the back.) For reference: A typical conversion rate for an online store is 2%, or 2 sales per every 100 visitors/clicks to the shop. A great conversion rate is about 5%. A conversion rate that could use improvement is 1% or lower. I generally aim for a 1% conversion rate if I'm doing paid advertising. And in our case, that means I can afford to pay 10 cents per click, or $10 total to acquire a customer for our Brilliant Business Planner. That keeps us profitable. So if I find that I'm bidding way more than 10 cents per click in promoted listings, unless my conversion rate skyrockets, I'd better lower that bid or find a new listing to promote! For reference, our planner listing conversion rates vary greatly depending on the keywords we use to attract customers. We get anywhere from 0% to 5% conversion rates on our promoted listings. (Yeah... that 5% conversion rate... you better believe I'll be promoting that til I'm blue in the face!) Inventory ManagementWith over 200 items for sale in her shop, Cindy has to keep her inventory very well organized. She's had bad experiences in the past when this wasn't the case. Then, an order is placed and she's scrambling and panicked - "where did that towel go?!" Now, Cindy uses plastic containers with drawers to keep everything sorted and folded. She separates her items by type - tea towels, table cloths, and plastic tablecloths. Then Cindy stores her collectibles in wooden cubbies. She says that even when her workspace isn't neat, her inventory always is! If I Could Turn Back Tiiiiime!One of the best things about talking with a seasoned Etsy seller is learning what she'd do differently if she could do it all again. Cindy would love to pull a "Cher" and do these things differently if she could turn back time.
Cindy’s WinsCindy has done so many things right when it comes to growing her Etsy shop. Below are a few of her wins!
3 Tips for Making it on Etsy Long-Term
We're Here! We're... a little Different! And We're Not Going Anywhere!Etsy is known for being a handmade marketplace and Cindy has found that sometimes the vintage sellers get ignored. For example, when Etsy went public, there was no mention of the vintage and supplies side of things the marketplace. The press tends to describe Etsy simply as "a handmade marketplace" so many vintage lovers don't even know they can go there to find great treasures. To combat this focus, Cindy wants vintage Etsy sellers to support each other, and she makes an effort to help promote others in her field. As these vintage shops and sellers work together, the community can grow and create more of a voice for vintage sellers on Etsy. Cindy also lets Etsy know how much she appreciates it when she sees them feature a Vintage item in their finds. Essentially, she keeps letting them know that "she's here!" and not to forget about this wonderful side of Etsy. Cindy's Hilarious Mom MomentYou'll have to tune in to hear about "The Great Cheese Incident." Too funny! Find Cindy Online!Shop: NeatoKeen.Etsy.com (Check it out! Her items are adorable and so unique!) |
Tue, 8 December 2015
Today we're chatting with Jescalyn of Love Lila Ann on Etsy. This episode was originally a business brainstorming session that we did on Blab. So please forgive some of the sound issues we had! Overall, though, we had such a great chat with Jescalyn, and what makes her business unique is that she's an expert in her field. Jescalyn has been a NICU nurse for several years, and she saw the struggles that NICU parents face each day. She wanted to create products that would solve their problems and make them feel more at home in the NICU. While she initially developed a onesie that would work with IV's and other tubing, Jescalyn quickly discovered that it would take a huge order from China or an enormous expense for each product to manufacture her onesies in the states. Jescalyn switched gears and solved another problem for NICU parents - it's really difficult for them to personalize their baby's space. Jescalyn designed brilliant fitted sheets that serve double duty by working as a changing pad cover, as well as fitting on any of the 3 mattress sizes used in the NICU. She did this by using a cord lock system at the corners of each sheet. How brilliant is that?! Jescalyn also created a fitted sheet that works on a typical crib mattress as well as a pediatric hospital mattress, and she's working on developmental toys for infants who spend months in the NICU and need more stimulation. What we Love about Jescalyn's Business
How to Position Yourself as an Expert
Those are our twelve steps for Growing your Business by Being an Expert. What are yours?
We had some questions from our audience about getting started on Etsy. Here's what we had to say:
We had such a great time chatting with Jescalyn! Now it's your turn to head out there and Be Brilliant!
~ Beth Anne & Sarah
Direct download: Episode2012420Jescalyn_mixdown20final.mp3
Category:general -- posted at: 4:52am EDT |
Tue, 1 December 2015
Have you ever thought about using your voice to make a living? That's exactly what Carrie Olsen does, and she's very successful at it! Carrie is a voice actor, and she gets paid to read commercials for radio and TV, help create Kickstarter campaigns, or create educational content for a website. It was so fun learning everything we could about voice acting -- what you need to get started, how much time it takes, and how you can market yourself and your voice. This is a can't-miss episode -- and Carrie even indulged us with a few of her "voices" on the interview! On the Podcast00:57 - Carrie's Introduction to Voice Acting 03:48 - How to Get your First Gig 07:07 - How to Audition 08:52 - The Essential Element for Excellent Audio 11:30 - Editing Audio 13:28 - Fancy Equipment? 14:50 - Carrie's Recording Studio 16:06 - Directed Recordings 18:34 - How to Sound 20 Years Younger (or Older!) 21:00 - How Long Does it Take to Record a Session? 22:26 - How Much Does a Voice Actor Get Paid? 25:40 - A Flexible Career Option for Moms 29:05 - Do you Need an Agent for Voice Acting? 30:44 - Marketing Yourself 34:17 - More than a Great Voice 36:54 - Is Carrie Olsen a Brit? 38:44 - Carrie's Adorable Mom and Aunt Moment Press Play on the Podcast Player Below to Hear from Carrie!Carrie's Introduction to Voice ActingCarrie's first job out of college was in HR. She was responsible for creating the online training program for her company. She narrated the course as well. Carrie enjoyed online training so much that she found a new job working full-time in e-learning. One day shortly after Carrie's maternity leave, she was listening to a podcast interview of a voice over actor on her commute to work. This was Carrie's first revelation that voice over work could be a full-time profession. Carrie called up the woman who was interviewed, Allison Steele, and hired her to be her voice over coach. 3 weeks later, Carrie had her first voice acting job! Just 4 months later, Carrie was able to quit her full-time job to pursue voice over work as her new profession. She's had a steady income ever since! How to Get Your First GigCarrie shared several great tips on how to get your first gig as a voice over actor.
How to AuditionWe were pretty sure auditions for voice acting work a bit different than a casting call, but what exactly does it involve?
The Essential Element for Excellent AudioBelieve it or not, the essential element for excellent audio is actually...quiet! Carrie says that voice actors crave true quiet. And this means complete silence - not a single sound! Carrie has visited co-working spaces who claim to have a recording space available, but as soon as she enters the room she hears creaking from the floor above or the hum of an air conditioner. This is why your best best it to have a dedicated home studio. It really can be just a dedicated closet with blankets hung or foam to pad it. (We personally used the closet method to record our audiobook -surrounding ourselves with pillows to isolate the sound!) Carrie was lucky enough to find a co-working space in Kansas City that does have a professional recording space with iso booths, but this is pretty rare. Editing AudioDoes a voice over artist have to become an expert editor or does the client edit their own work? Unless Carrie is doing a "directed session" where the client is right there with her directing every take, she does all the editing herself. Most of her work happens independently. The client sends her a script, and she records it and sends it back "broadcast-ready" which means they can use it right away. Carrie may still send several takes, but they are all fully edited. This means she has removed all breath sounds, clicks, or any of the other little distracting noises a mouth can make while it's speaking! Did Carrie learn how to edit audio on her own or did she receive training? A little of both! Carrie and her husband have been doing podcasts for years, so she knew how to do basic audio edits from that. However, with her new career, Carrie has invested in classes on editing and using professional software so she can up her editing game even more. Fancy Equipment?Carrie's husband is a bit of an audiophile, so when they began podcasting, they invested in studio-quality microphone. She still uses the same microphone they purchased years ago - the AKG Perception 120. Carrie has done national radio commercials using this microphone! Carrie even brings her own microphone into the studio to use. Occasionally she tests out the equipment there and uses a new microphone for a certain job, but she generally sticks with her tried and true mic. Carrie's Recording StudioCarrie is lucky to have a local co-working space that also has a great recording studio. Most co-working spaces are designed more for “desk jobs” and they don't have great recording resources. Carrie pays $250 a month to use a local recording studio and has 24/7 access. When she isn’t in the studio she is still able to use the available office space there to get other things done. If you are interested in finding a recording studio to rent out, you'll have to do research in your local area. Carrie doesn't think it's very common yet for a recording studio to offer space to rent, but hopefully this trend will grow! Directed RecordingsCarrie actually loves directed sessions for several reasons.
Listen to Carrie's Voice on this AT&T Commercial. Isn't it incredible?! Find more examples of her work right here. How to Sound 20 Years Younger (or Older!)A lot of voice over work requires sounding a specific age. Carrie doesn’t do child voices (although many voice actors with high-pitched voices do!) but she is really great at doing a teenage girl voice. The teenage girl talks faster, with a higher pitch, and uses different inflection and words. Carrie has found that there is a lot you can do with your voice if you change your mindset. When trying to sound older she just “thinks older”. If you try to get into character and think about how the person would sound that can be very helpful for matching your voice to a certain age and character. Carrie has done voice acting from teenager through 50 year-olds. How Long does it Take to Record a Session?Sometimes a recording session can be very quick, particularly when the client is present, knows exactly what they want, and everyone is prepared. In these cases, Carrie can show up, record the spot, and be done in 8 minutes! Some sessions however can take days to record such as educational content. It all depends on the gig itself and what the client is looking for. For Carrie, it also depends on how many spots or commercial she is recording at one time. One client hired her to record 8 commercials at once, so naturally, this session took longer. Some spots have the same copy but a different city, whereas some are completely different. As you'll discover below, you tend to be compensated for the extra time you put into each gig. Audiobooks end up paying more as you spend more time recording and editing them. But, you can also get more bang for your minute by booking national spots. How Much Does a Voice Actor Get Paid?Every job is quite different, but there is a union for voice over actors that has a suggested rate scale. Carrie is not part of the union, but the rate scale is helpful for figuring out a fair rate. We found an example rate scale at voices.com. Internet, television, radio, and audiobooks are all different beasts. Carrie says that a 30 second national radio spot is about $500 based on the scale created by the union. The sample scale above indicates that the rate would be $1000. An audiobook can range from $150 to $300 for a finished hour. A finished hour would include all of the work you did to record it such as editing, rerecording, etc… Most clients go in with a budget and then you can work with them and decide if it will work for both of you. The rate sheet example we found suggests that the highest rate (per minute at least!) comes from doing a national TV commercial. This comes in at around $2000. A Flexible Career Option for MomsVoice over work is a great option for moms looking for flexible work that they can do from home. But Carrie doesn't want to deceive women into thinking they can just grab any old microphone, start talking, and book high-paying gigs. While voice acting can be very lucrative, Carrie wants to remind everyone that you are still running a business. Success does not come easy and it can be a very competitive. You have to practice and hone your craft constantly. You have to invest money initially for coaching, equipment, and membership on job sites. Finally, you need to market yourself and run your business. Carrie is running a business just like the rest of us, and we all know that growing a business doesn't come without a lot of hard work!
Do you Need an Agent for Voice Acting?While Carrie says that most of her jobs come through networking or applying on large sites, having an agent is great for working with really large clients. Carrie recommends waiting until you have a professional package to present before seeking out an agent. You need to have a great demo tape. Make sure you are ready so you won't waste your time or the agent's. Sharpen your skills first. Marketing YourselfCarrie’s marketing strategy revolves around one thing: Exposure! She shared several great tips for gaining more exposure and getting more work.
Beth Anne's idea: Attend writers' conferences so you can help writers turn their books into audiobooks! Addi Ganley did just that, and the audible commissions are quite a bit better than just selling on Amazon. More Than a Great VoiceThere is a lot more to voice over work than just having a nice voice. You need to be able to connect with the audience. Carrie says that even the most unique voices can find work if they are great at acting. Find a specialty and find a way to connect. Conversely, having a great voice alone won't get you very far. Your ability to act and express a certain feeling is what will make you stand out. Is Carrie Olsen a Brit?Carrie indulged us with a few of her different voice impressions. She shared her British Accent, Teen Girl, and The Know-it-all Mom. Her voices were spot on, and they were cracking us up! Clearly voice acting requires a lot of talent! Carrie's Adorable Mom and Aunt MomentCarrie has gotten her whole family involved in the fun of voice acting... and one little family member even got a paid gig! Find Carrie Online!CarrieOlsenVO.com - When you sign up for Carrie's newsletter, you'll get a free Getting Started Guide for Voice-Over in addition to tips and resources for voice actors.
Direct download: Episode2012320Carrie20Olsen_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 24 November 2015
I have someone to introduce you to. You're going to love him. Yes, I know this is a podcast for moms, but I just had to make an exception for this guy. He's adorable, multi-talented, and he's about to solve your most pressing problem. Meet Edgar. He a social media scheduling software created by brilliant business mom, Laura Roeder. This interview is fun and laid-back, but full of practical advice from a woman who has built a software company from the ground up. She's way too humble to tell you that it surpasses 100K in revenue every month (but I'm not!) On the Podcast01:18 - Quitter Press Play on the Podcast Player Below to Hear Laura's Story and her Best Business AdviceQuitterLaura is a proud quitter! After working for a branding company as a junior designer for a brief stint at age 22, Laura decided she wanted more interaction with clients and more control over her work. She left her first job out of college at less than a year in and has been working for herself ever since! Laura started LKR Social Media to help entrepreneurs learn how to use social media in their businesses. Laura helps people become “famous in their field” and learn how to be the go-to expert in what they do.
The Solution to the Social Media Time SuckIn her work with social media students, Laura was using spreadsheets to organize their content and sharing strategy online. She used this same method for promoting her own business. The spreadsheets were very labor intensive and, essentially, organized old content and kept track of when things were posted to various social media apps. After using this method for some time, Laura realized that there had to be a better way. It was very odd to her that social media scheduling apps were not creating a library of old posts and doing the hard part for her. Laura began discussing this issue and her frustrations with her husband. He said that he could build a solution for her in a week! Laura's husband did, in fact, build this software (it took 6 months!) so business owners can re-purpose their content and updates easily to take advantage of all the hard work they put into those initial posts. The software is called Edgar, and he's an adorable octopus (because of course!) You can find him at MeetEdgar.com Why Re-purpose Content?One of the most time consuming things entrepreneurs do each day is create new content to share. This is so important because business owners need to consistently bring in new potential customers. However, when you do have a new potential lead, they only see the new things that you are posting and creating. Most of the time they never see the podcasts or blog posts that you shared six or more months ago. What a bummer! You spent a lot of time creating that great stuff! With Edgar, you have a library of all your great content that is still relevant but is being shared over and over again so that your new audience is seeing it. Most people spend hours creating new content and then just share it once. 90% of their audience never sees it! By re-purposing older content, business owners can make sure that their growing audience is able to see more of what they have to offer. Most business owners see traffic spikes when they write and share a new post. Then things begin to die down. With Edgar, a business owner sees regular traffic spikes by drawing fans and followers back onto their site time and time again. Meet Edgar. He Loves Bringing You More Traffic.Laura constantly hears from users that they see huge increases in their traffic after using Edgar. Logically, this phenomenon makes sense. If you share a link on social media, it gets a certain amount of traffic. If you share that link twice, it should bring in twice the traffic, right? The math holds up. If you develop a backlog with 3 or 6 months' worth of content, your audience is not at all fatigued by seeing the same thing over and over again. They're only seeing it a few times a year. Laura has also noticed that updates have similar results every time they are shared. For example if an update gets 10 retweets the first time it is shared, if it's shared again a month later it's likely to see 10 retweets the second time as well. How to Spread out your ContentLaura recommends that you space out the reposting of your content based on how much content you have. For example, if you have a month of great content to share, then you should recycle those posts about once a month. At MeetEdgar, they share repeat content roughly every 3 months. The best part? Edgar doesn’t just save your blog posts it also saves your entire social media post including the image that you put so much time into. You won't have to hunt for the perfect-sized image from the caverns of your computer again. It's all ready to go and simply schedule out. Time-Saving TipsWhen you create your posts, you can batch your work to save time. Create all of your blog posts at once, then create all of your images. This will save you hours of work! Automate your social media updates. Your audience doesn’t know how you are sending out your content, so automate it to save time. Engagement and interaction, however, cannot be done with a scheduling app. So in your social media strategy spend time engaging yourself. You can get to know your audience and interact with them with the time you save by planning and scheduling posts ahead of time. Building a Software CompanyLaura had never built a software company before but she realized this shouldn’t stop her. "Just because you haven't done it before doesn't mean you can't do it," she says. As moms, we understand that babies don't enter the world knowing how to use Ruby on Rails. We all have to learn. We all start from scratch at some point. Laura also stresses the importance of having a great partner or co-founder to help you build out your idea. If you outsource the development of your software, this is Instead you want someone that is part of your team and invested in your success. Another important part of building an app or software platform is to have some sales and marketing knowledge (whether that is you or someone you hire). Laura has seen a lot of developers create great things but because they don’t know how to get it out into the world, it fails. The best type of partnership would be one person who knows the marketing side and one person who can do the technical side of things. Marketing EdgarLaura has used two key strategies to gain new customers for Edgar.
Creating the CreatureEdgar was originally just the code name for the overall project. When the team sat down to name the program, they realized that Edgar was memorable, cute, and they couldn't think of anything better! So Edgar it was. After landing on the name Edgar, Laura and her team knew that if it was going to have a person’s name, it would need a personality as well. An octopus seemed like the perfect fit because Edgar does so much and is juggling so many different things at once. Edgar's vibrant personality has grown from there! Facebook Ads Made EasyWhile there are tons of different strategies a business owner can use with Facebook ads, it doesn't always have to be so complicated. In creating Facebook ads for Edgar, Laura was very straightforward. She marketed to people with an interest in managing their social media professionally, and the message behind the ads was simple: “here is a new social media tool, check him out!” Laura knows her target market well, and she knows they're always looking for ways to streamline their social media efforts. Customer Acquisition CostIn Laura's opinion, many entrepreneurs do the math wrong when it comes to determining how much they can pay to acquire each customer. Many business owners look at the lifetime value of a customer. In other words, how much will the business make from that one customer over the lifetime of that business. Unfortunately this strategy is unrealistic for a small bootstrapped company. Instead, Laura recommends setting a limit on your cost per customer acquisition based on how long you are willing to be “out” that money. For Edgar the limit was set at 3 months. Even though many customers stay with Edgar much longer than 3 months, they knew they could afford to be out the money from their ad spend for 3 months' time before they needed to start turning a profit on that customer. Edgar costs $49/month, so the Laura can spend roughly $150 to acquire each customer and still turn a profit on that customer relatively quickly. That number may seem steep, but the math works out great for a company like Laura's, and it's allowed her to grow Edgar to over $100,000 in recurring monthly revenue. Also, remember that the cost per customer acquisition is much different than the cost per lead. Not all leads turn into customers. But do the math. What percentage of your leads turn into customers? How much did you pay for all of those leads? Find the right market to target and the right cost per customer acquisition, and paid advertising doesn't have to be quite so scary. Why Laura Turned Down FundingEdgar was offered various funding options, but Laura turned them all down, and she's so glad she did! Here are a few reasons why Laura turned down funding:
Edgar's ArmsEdgar actually has more than 8 arms, he has 15! There are 15 wonderful employees on the Edgar Team, and they all work from home. Laura's best tip for managing a remote team: Look for employees with specific skills and talents instead of hiring virtual assistants. Often, VAs are running their own business, and that is their main priority. They're spending time acquiring new clients and hiring more staff. But an employee is part of your team, and everyone is working towards the same goal of making your business successful. Don't underestimate the power of moms: The woman who heads up Edgar's customer service team is a mom of three kids. This woman used to work in telemarketing, because it was the only job she could find that was flexible and allowed her to work from home. She started part-time with Edgar, then grew to full-time, and now she manages the entire customer service department! She has incredible talent, and it wasn't being utilized all that much in her previous job. Laura loves seeking out brilliant moms who can contribute to the Edgar Team. Wearing Pajamas Doesn't Make you QualifiedWhen hiring for a work-at-home job, it can be tricky to find just the right fit. Here are Laura's tips for assembling a great team.
We Didn't Miss You when You were GoneOk, so that's not exactly true, but we should note that Laura is so brilliant at business that she built a team and created systems so that the business did great without her! When Laura had her son, Hector, she took 3 full months off from work. Even now, Laura works just 4 hours per day and spends the rest of her time with her family. When Laura came back from maternity leave, she was talking to Sarah who runs the day-to-day operations for the company and asked her, "where were the big gaps in my absence?" Sarah thought about it for a while and said, "well... we didn't have anyone to do podcasts...." We all chuckled at that one! So essentially, Laura's main role is to get the word out about Edgar and acquire new customers, and everything else runs pretty smoothly because Laura has assembled a great team and created an amazing company culture. Laura's Shocking and Hilarious Mom MomentOh my goodness. You'll want to stay tuned to the very end of our interview with Laura because her mom moment is...insane! Hilarious, shocking, and unlike anything we've heard before. By the way, isn't Laura so fun? I want to hang out with her and hear more of her hilarious stories! Find Laura OnlineConnect with Laura on Twitter: @lkr
Direct download: Episode2012220Laura20Roeder_mixdown20final.mp3
Category:general -- posted at: 3:18am EDT |
Tue, 17 November 2015
On today’s podcast we welcome Robyn Rosenberger. Robyn is the woman behind Tiny Superheroes, a business based on empowering and uniting extraordinary kids as they overcome illness or disability. She creates tiny capes for children with special needs or severe illness so they know they are truly superheroes. Robyn lives in St Louis, Missouri with her husband and two boys. You may want to grab a box of tissues for this episode and prepare to be truly inspired! On the Podcast01:25 - The very first Tiny Superhero 03:30 - Spreading the Love 07:30 - Robyn's Mission 08:20 - Becoming a Business 10:24 - The PR Rollercoaster 12:52 - Hiring Help 15:02 - Jump! Headfirst...into the Whirlwind! 19:10 - Making a Profit as a Missional Business 22:30 - Who is Tiny Superheroes for? 30:55 - An Incredible Video (seriously, go watch it!) 33:40 - Balancing Life as a Mompreneur 39:18 - Robyn's Yucky Mom Moment! The very first Tiny SuperheroBefore relocating back to St Louis, Robyn and her husband lived in Seattle for five years where she worked for a software company. As her nephew’s birthday approached, she wanted to use her creative side to create a truly awesome present for him. So Robyn completed her first ever sewing project, a tiny cape! During this time she was following the story of Brenna, a little girl born with a rare severe skin condition. She just knew that she should send Brenna a cape to let her and her family know what a superhero she was. With that, the idea for Tiny Superheroes was born! Spreading the LoveAfter sending Brenna’s superhero cape, Robyn was more and more inspired to send them to other children. She wanted to bring them joy and told herself that if the tiny cape made them smile for 10 minutes, it was totally worth it. It was also important to Robyn that children with special needs and severe illness know that from the outside they are seen as true superheroes. Robyn began looking at other stories like Brenna’s and found 10 more children with similar stories and struggles. After she sent these children their own superhero capes, a friend of one of the families unexpectedly wrote a story about Tiny Superheroes and what Robyn was doing on Today.com! Robyn's business took off from there. Because of her mission and the love behind Robyn’s business, she's been featured on some very popular sites and shows. The families of these children have told Robyn how much it means that their struggles are acknowledged and how much extra strength they get from these tiny capes. Robyn feels indebted to these children and their families for teaching her so much and showing her what it really means to be a superhero. Robyn’s MissionRobyn’s children do not have special needs or illnesses but she has a passion for finding the gifts in the children that do. She strives to change how we look at them and their stories. Instead of seeing their differences let’s look at what makes them so strong and so extraordinary. The biggest reward that Robyn sees from Tiny Superheroes is being able to recognize the super powers of these children. Becoming a BusinessRobyn knew that she wanted to build something that would be sustainable over the long term. This is why she made the decision to become a for-profit business. She knew that her skills and resources would be better suited for a model that follows Tom’s shoe company (when you buy a cape, she donates a cape to a tiny superhero). In order to donate capes, she created a “nomination” system where people could nominate children who needed them. Robyn was overwhelmed by the response she got from Today.com and about six months later, she was featured on ABC World News. It was at this point that Robyn left her full time job to focus on the business. Robyn had to take the leap before she was sure about what would happen with her business. But she knew she'd get an influx of orders after ABC World News, so she felt like she either had to jump head-first so she could handle the new orders, or she'd have to decline the interview and shut Tiny Superheroes down. (I think we all know what Robyn chose to do!) The PR RollercoasterTiny Superheroes has received a lot of press which Robyn really sees a blessing. She had a hard time at first balancing this press in her business. She was overwhelmed with orders all at one time, and the business became a roller coaster of work. Robyn also had a hard time figuring out if the business was really sustainable or if she was just getting big pushes of orders because she was being featured on big platforms. Recently, Robyn has spent time looking at the big picture and how to keep her business sustainable through the highs and lows so she can provide capes for many years to come. Hiring HelpIn the beginning Robyn was sewing all of the capes from her living room with some of her friends. They would often work late at night with the kids in bed! Finally Robyn found a small sewing company out of Seattle that was able to handle all of the sewing for Robyn. Robyn says the quality of their work is so much better than hers! It has been a balancing act, but now the orders are starting to level out and the business is becoming more consistent. Hiring help is a huge hurdle for a lot of entrepreneurs but it's allowing Tiny Superheroes to continue on their mission. Robyn can do what she does best - market and share the mission of the business and find new superheroes to support! Jump Headfirst...into the Whirlwind!The first six months of Tiny Superheroes was a whirlwind for Robyn -- including many late nights and a living room covered with fabric. Over time, the business became very stressful for her and her family. She was spending more time worried about orders than focusing on her kids. It became obvious to her that this way of living was not sustainable, but she still wasn’t sure if the business would be financially viable. At first, Robyn tried just working part time at her job, but that didn’t work out very well -- she needed to go back to full time to really perform well in her role. It was at this time that Robyn got the call from ABC World News that they wanted to feature her business. As we mentioned above, at that moment Robyn had a critical choice to make: jump headfirst or call it quits. It was terrifying for her to leave a great job with financial security and head into the unknown, but this decision really showed Robyn how important her mission was to her. Tiny Superheroes is still going strong! Making a Profit as a Missional BusinessCurrently Robyn’s business has not yet replaced the income she was making from her full time job. Since Tiny Superheroes donates a cape for every cape that is purchased, it has been difficult to find just the right price point for each cape. So far the business has ebbed and flowed a lot. Sometimes Robyn is able to pay herself and sometimes not. Up until now the capes have been expensive to make and not priced in a way that would keep the business sustainable. This is something that Robyn is currently working to fix. It's difficult to create quality capes, sell them at a reasonable price, and stay true to her mission of giving a cape for each one purchased. Robyn acknowledges that her business is still growing and managing it financially is still a learning process. Who is Tiny Superheroes for?Tiny Superheroes is for every kid! Robyn wants all kids to enjoy a beautifully made cape from her company, but it's important to her that people understand when they buy a cape, they're doing so much more than that. For every cape that's purchased, Robyn gives a cape to a child with an illness or disability, and she also lets the customer know which superhero their cape helped to support. Purchasing a cape is a great opportunity to educate children about special needs and illnesses. This reinforces Robyn’s wish that we recognize the strengths and super powers of these children instead of the differences. Most kids don’t spend a lot of time with other kids with disabilities and severe illnesses so Tiny Superheroes helps to connect all children together while sharing their stories. An Incredible VideoRobyn has found that every time she gets to a point in her business where she questions whether or not she can keep going, a blessing arrives. This time the blessing was in the form of a video created by American Express. They reached out to her and wanted to support her journey, so they came to her house and filmed for hours to tell the story of her business. Robyn has found that the video has been a great tool for brand messaging and getting the word out instead of just generating sales. It's easy for people to watch this video and immediately know what Tiny Superheroes is all about. Seriously, the video is so good - watch it here! Balancing Life as a MompreneurAlthough Robyn has not completely figured out how to balance her children and her business, she is getting better every day. Some moms want to be full time moms and some women (like Robyn) need to have another outlet for themselves in addition to being a mom. With her first son, things were seamless, and he was at an age where he could go to daycare while she worked, but when her second son came along everything changed! Robyn found that she was not doing anything at 100%. Robyn tries to learn from what other moms in her situation are doing and find the best way to balance it all. For her right now, it works best to have both kids in daycare on a regular basis. They are doing great, and she is able to focus on work during that time. Robyn's Yucky Mom Moment!You'll have to tune in to hear this one. I don't care to explain all the details! Find Robyn Online!
Direct download: Episode2012120Robyn20Rosenberger_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Sat, 14 November 2015
120: How to Partner with Bloggers to Market your Shop - a Blab with Caitlin Orman of Custom Decals Boutique
Caitlin Orman is a shop owner from Nashville, TN. She owns Custom Decals Boutique on Etsy and just started the shop in February. It's full of lovely, personalized mugs, cups, and door decals. Caitlin has does some great things so far to market her shop and get more sales. We discussed more strategies for getting more sales - particularly as the holiday season approaches. Press play on the video player below to see our Blab. Or you can press play on the podcast player at the end of this page if you just want to hear the audio version. Topics Discussed on the Blab
What did you think of this week's Blab? Are you trying to build a business from scratch? We'd love to hear from you! ~ Beth Anne & Sarah
Direct download: Episode2012020Caitlin20Blab_mixdown20final.mp3
Category:general -- posted at: 8:04pm EDT |
Tue, 10 November 2015
On today’s episode we welcome Sarah Gilcher of the very successful Etsy shop, Perennial Planner. On the Podcast01:28 - Sarah's Top Priorities Sarah's Top PrioritiesSarah is a stay at home mom to three little girls who are 6, 4, and 13 months old. Her husband is a pastor Sarah's Start on EtsySarah’s journey with Etsy began when she was searching for a specific printable grocery list. When she couldn't find exactly what she wanted, she decided to open up Adobe Illustrator and create one herself! Sarah Sarah was excited about helping women with organizational tools that were attractive Self-Taught DesignerSarah has a degree in Fine Art, but she's a self-taught graphic designer. In doing projects for her church, Finding Her NicheBusiness was very slow when Sarah was started out with her printables Etsy shop. Since she was pregnant She listened to podcasts like Brilliant Business Moms and took the advice of other successful Etsy sellers. Sarah then applied the lessons she learned to both Etsy shops and found that her original printable store was seeing lots of growth. Since product creation is so much more time consuming than selling digital products, and since her digital store was seeing more growth, Sarah ditched the baby shop and focused on her original idea. She rebranded the shop and officially become Perennial Planner. After about a year of focused work, Sarah's shop has surpassed 3000 sales! 3,000 Sales in 1 Year's WorkSarah has attributed a lot of her success to listening to the Brilliant Business Moms podcast! (aww shucks, thanks Sarah!) She found that listening to stories of other successful business owners has been a huge help for her. Once Sarah started seeing her Etsy shop as a real business, success followed. Sarah shared two great tips that helped her to grow:
How to Make a PDF EditableA lot of Sarah’s printables are actually editable forms so customers can use them right on their computers. To Make a PDF Editable:
How cool is that?! Building a Lifestyle BusinessSarah's top priority is her family and her faith. She knew she needed a flexible schedule, and she quickly realized that she didn't want to create and ship physical products day after day. Creating beautiful and helpful digital products has been the perfect solution for Sarah. The best part? She can create a product once and sell it over and over again... even while she sleeps! How Sarah's Business Helps her FamilyPerennial Planner has provided Sarah’s family with more financial freedom. Since she has little to no overhead she is able to bring home more profits, and that money has helped cover the “extras” for her family. Sarah and her family live a Dave Ramsey lifestyle with no debt. Although her husband provides the primary income, her Etsy shop has worked to cover extra expenses and provide more security. Two Income StreamsSarah loves doing whatever she can to help busy moms by providing them with the organizational tools they need. Often customers’ needs are slightly different from her product so she offers customization. This is hard to balance with the overall business because custom work in any business can be very time consuming. Sarah counters this struggle with requiring a minimum amount for custom products so that each order is worth the time she puts in. On top of doing custom orders for her Etsy shop, Sarah enjoys taking on freelance projects. This provides another great stream of income for her business, and it keeps her income balanced and weatherproof during a slow season on Etsy. In the past, Sarah has done work for local businesses but lately she is getting more referrals from her shop and past customers. One of Sarah’s biggest freelance jobs so far has been designing the Brilliant Business Planner! She landed this job by seeing a need for her service and reaching out to Sarah and Beth Anne. This is a great lesson for any entrepreneur -- it never hurts to ask. The worst thing that can happen is that someone says no, but on the flip side you could land a great job and a great partnership! Sarah really enjoys these larger projects and they work out well to balance out the times when her Etsy shop slows down during the year. (We've certainly loved working with Sarah and hope to keep her busy for years to come!) To Blog or Not to Blog?As with many other Etsy sellers Sarah has struggled with blogging to promote her shop. Blogging takes time and commitment, and it's often too much to add on to an already busy shop! Recently, Sarah did a post on how to print her products double sided. She plans to focus more on helpful, instructional type videos that will serve her current customers. She can link to these videos within the listing descriptions in her shop. Videos are a great tool for serving current customers better as well as gaining trust and credibility with new shoppers. Sarah and Beth Anne created a video about how to build a butterfly terrarium and that video has sold more products as well as ranked well on Google for some competitive keyword phrases in their niche! (And isn't Sarah's little girl Lilly adorable?) Your videos don’t have to be perfect or even posted on your own website, just get them posted to your YouTube channel and out in front of an audience! 3 Kids + a Successful Shop: How She Does ItBuilding a successful business can take a bit time commitment, but Sarah proves that you can do it with just a few hours a week. Sarah only works 10-15 hours each week and balances this time between afternoons (during naptime) and nights (if her husband is working). A great tip Sarah shared was to encourage independence in smaller children so they can be playing alone and entertained at least for a short time while you do some work. Sarah has been able to achieve her goal of making a part-time income on her own terms with lots of flexibility. Although she tries to continually create new products, she knows that her business was built to allow for flexibility and put her family first. So Sarah doesn't stress if she can't add new products for a while. Her business works for her - not the other way around! Sometimes when you're working as your own boss it's easy to set crazy deadlines or hours for yourself without realizing it. Step back, know your limits and ask yourself if you and your family are thriving. It can take a long time to learn how you work best but it is so important so you can set up your time and your business for success. The Power of Video for BusinessMany online business owners don't realize how powerful video can be for their business. Not only does it let you connect with your audience on a deeper level and teach things that are difficult to convey with words on a screen, but video also makes it easier to rank in Google (as well as get found on YouTube of course!) The video that Sarah and Beth Anne created on how to build a butterfly terrarium has 967 views! This video has had zero promotion and only one “dead link” included in the listing descriptions in their Etsy shop. Another surprising video result: Beth Anne found a tutorial video she created for her and Sarah's now-defunct Mommy blog on making cappuccinos at home with a frother. That video has almost 5,000 views on it! Again, this video wasn't promoted in any way, it just sits on their Mommy blog which gets about 10-20 hits per day... so it's essentially dead. The video is getting viewed because it's ranking for keyword phrases on Google and YouTube. These statistics just show how powerful video can be. You could use video views to send people to an Etsy shop or blog. How can you use video to drive more traffic and sales your way? If you're nervous about starting out on video, Meredith Marsh, the VidProMom has you covered with these great tips for newbies. Sarah's Terrifying Mom Moment!Sarah's mom moment is both funny and terrifying!! You'll have to tune in to hear the story! Find Sarah Online!PerennialPlanner.Etsy.com Watch Sarah's adorable little girls in our planner landing page video! (They're the ones talking about Pinterest strategy!) Don't forget to join in on our book club for Money Making Mom by Crystal Paine. You can find the schedule here.
Direct download: Episode2011920Sarah20Gilcher_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Mon, 9 November 2015
Every Wednesday at 1:30 Eastern, Sarah and I hop on Blab with a Brilliant Business Mom to strategize ways she can grow her business. Last week, we chatted with Julie Fuller of Tokyo Blossom Boutique. Julie recently re-branded her shop, and now it's filled with fun, vibrant, colorful knitwear and accessories. She's truly set herself apart in the knitwear space, and we can't wait to see how she grows. Topics Discussed on our Etsy Strategy Blab
Don't forget to check out Julie's adorable items: Tokyo Blossom on Etsy Instagram: @tokyoblossom
Direct download: Episode2011820Blab20with20Julie20Fuller_mixdown20final.mp3
Category:general -- posted at: 4:45am EDT |
Tue, 3 November 2015
If I told you that this week's episode was with a "grandma blogger" who built her business on a pile of failures, would you guess that I was talking about Crystal Paine?! Probably not! But it's true. Crystal is so honest in this interview, as well as in her newest book: Money Making Mom: How Every Woman Can Earn More and Make a Difference. Sarah and I just love the way Crystal shares from her heart and holds nothing back. She's also incredibly passionate about helping women to get out of survival mode so they can thrive. You won't meet many successful online business owners who care more about giving than earning, but Crystal does! Listen on, Brilliant Business Mom, for a breath of fresh air. On the Podcast01:33 - Is Crystal a Grandma?! Press Play on the Podcast Player Below to Hear from Crystal!Is Crystal a Grandma?!Crystal doesn't have any real-life grandkids, but she's considered by some to be a Grandma blogger! That's because she started blogging 10 years ago...when most people had no idea what a blog was. Crystal initially started a "mommy blog", but in 2007 she started MoneySavingMom.com as a side hustle. After a year she realized that it was growing so quickly and doing so well that it made sense to give it her full attention. Crystal now has a full team of people working with her -- including her husband Jesse of 12 years. Can you Relate?In the course of helping families to save money and get by with less, Crystal realized something important about her audience: There was simply a point for many families where they were doing everything right and no longer had a “budget” problem but really had an income problem. Can you relate? I know there are some Brilliant Business Moms out there who are brilliant at budgeting, but maybe you have a child with special needs and the expenses are just too great. Maybe you want to serve in missions more often, but the budget won't allow it. Crystal has been passionate about this topic for years but decided to wait until the timing was just right. 2 Parameters Crystal Sets to Take Back her Time1. Crystal sets time parameters that allow her to give designated time to both her family and her business. One way she does this is by “co-homeschooling” with her husband. She teaches in the morning and makes sure to remain fully present and invested in what she is doing. In the afternoons her husband takes over teaching and 2. Crystal recently took email off of her phone, and that has made a huge difference! Since she uses her phone for her alarm in the morning (Shoutout to the Sleep Cycle App!) it stays right next to her in bed. Having e-mail on her phone was causing her to be bombarded with “to dos”, stress, and ideas that were preventing her from getting a good night’s sleep! Before You Quit, Ask Yourself ThisGrowing a business is hard! If you're on the fence and thinking about quitting, ask yourself this question: "Is my business a blessing or a burden?" Does your business give you the quality of life you want Rejections, Setbacks, & Failures...What to doEven 10 years into online business, Crystal confesses that she still faces rejections, setbacks, or even failures! And it happens more often than the rest of us might think. There are also challenges involved in leading a large team that just make life a little more complicated. When things get really challenging, and Crystal is tempted to quit, she always goes back to her "why" Knowing her "why" keeps her going through all of the difficult things, because those hurdles are worth it when you've accomplished your mission. Crystal’s “why” is to inspire and encourage women to stop living their lives stuck in survival mode. The World Needs You!While there are plenty of books on the market that will help women make more money, Crystal wanted to send a different message out into the world - one that would remind us of the true purpose of money. Making more money isn't about building your own little empire - filled with nice cars, big houses, and beautiful things. Yes, making money can be a blessing to your family, but it can also make an impact on the world around you. Crystal knows what it's like to live life with outstretched arms. She knows what a blessing it truly is to serve and give to others, and she wants more women to experience life this way. So, get off that couch, Brilliant Business Mom, the world needs you! Spoiler Alert - Crystal has Failed at Things!Crystal loves to say that MoneySavingMom.com became so successful because it was "built upon a pile of failures". As with most successful entrepreneurs, Crystal is certainly not an overnight success. She tried a large
On Learning New TricksCrystal has jumped on the Periscope band wagon and is loving it! Although she is an introvert she scopes (That's one thing we really admire about Crystal - she's always trying new things and finding ways to grow as a person!) Find Crystal OnlineMoneySavingMom.com Pssstt! We're also hosting a book club for Money Making Mom! The book club kicks off on Monday, November 9th on Periscope. Get the full details right here. Other Resources Mentioned on this Episode:
Direct download: Episode2011720Crystal20Paine20MMM20final_mixdown.mp3
Category:general -- posted at: 3:35am EDT |
Fri, 30 October 2015
Did you travel for your small business this year? As a blogger you might have attended a business conference. As an Etsy seller, you may have travelled a long distance to showcase your beautiful handmade products at a big craft fair. So which travel expenses can you deduct on your taxes? Press Play on the Podcast Player Below to hear from Sarah, CPA and Small Business Tax Expert
The IRS defines travel expenses as the ordinary and necessary expense of traveling away from home for your business profession or job. This is travel away from your tax home, which is defined by the IRS as your principal place of business. As always, remember to keep records and receipts while you travel. The IRS will want you to have these! If you travel by air or train you can deduct the cost of the plane or train ticket. If you rent a car, you can deduct that cost. If you drive your own car you can use the standard mileage rate. For instance, if you drove 500 miles round trip to a conference, and the standard mileage rate for the year was .50 per mile (this just a round number as an example, in 2015 the mileage rate was .575), you could deduct $250 as a mileage deduction on your tax return. Learn more about business mileage expense in Episode 69. If you need to stay overnight, you can deduct the cost of the hotel room. If you use rewards points for your hotel or airfare, and did not actually spend money, you cannot deduct that as a business expense Other ordinary and necessary expenses of travel such as taxis, tips, or parking are also tax deductible. Meals are really the only exception. Meals are subject to a 50% limit. So if you are traveling away from your tax home, and you purchase a meal while you are traveling, only 50% of the cost is allowed as a tax deduction. This holds true for non-traveling business meals as well. If you and your partners have a business meeting at a restaurant, only 50% of the cost is deductible as a business expense. So that's it. If you are legitimately traveling for business, you can deduct all of your expenses. Meals are the only exception with the 50% limit. The IRS outlines these guidelines in publication 463. The information provided here is a summary of the IRS guidelines, so use your judgment when applying my summarized information to your particular tax situation. Did you learn something new about business expenses during travel? I'd love to hear your thoughts in the comments! -Sarah
Direct download: Episode2011620Travel20Expenses_mixdown20final.mp3
Category:general -- posted at: 12:06am EDT |
Tue, 27 October 2015
Have we told you lately that we're obsessed with Blab? It's true! Blab is a live-streaming video platform that allows for up to four people to chat on video at once. This past week, we Blabbed with Mei Pak of Tiny Hands Jewelry & Creative Hive Co. and Cheri Tracy of Orglamix Cosmetics. Both women have partnered with influencers on Instagram multiple times to grow their following, their email lists, and ultimately gain more loyal customers and sales. Press play on the podcast player below to hear the (slightly edited) version of the chat we had. Or, if you'd like to see the whole thing uncut, you can play the Blab video player at the bottom of the notes.
Mei Pak is a serial entrepreneur who started Tiny Hands Jewelry, a handmade scented food jewelry business in 2006. She now teaches other creative entrepreneurs about business at Creative Hive Co. Cheri Tracy sells colorful, cruelty-free cosmetics at Orglamix.com. Growing an Instagram FollowingMei confessed that she grew her jewelry business account on Instagram from 0-1000 followers by buying those followers. She doesn't recommend doing this after having done it herself! It helped build up credibility early on but those followers were fake and unengaged. Mei started a second Instagram account for her newer business @creativehiveco For her new account, Mei has collected a list of hashtags that she knows her ideal customer is using. For every 50-70 likes she gives out to potential customers, a small portion will notice her, head to her profile, and if they like what she's doing, they'll follow her. Mei has 3500 Instagram followers for her @creativehiveco account that is only 3 months old! Mei doesn't follow people unless she finds really great stuff from them, but instead she likes and comments on others' photos to get them to take notice. Cheri has primarily reached out to influencers to grow her Instagram account. She's reached out to accounts with 1500 followers all the way up to 100,000 followers. Cheri's Orglamix account is about to hit 10,000 followers as of October 2015. Early on, Cheri also pushed her new Instagram account everywhere. She told her email list. She told her fans on Facebook. She connected with bigger names in her industry on Instagram to get noticed. Pay attention to the time you post and how it performs. Cheri does a morning post, a lunchtime post, and an evening post around 8 PM. Her night-time posts get the most interaction. Other ideas for growth: Loop Giveaways, or reaching out to accounts that feature handmade sellers. Beth Anne has grown the @brilliantbizmom account to 2100 followers as of October 2015. She found relevant hashtags in her niche and liked and commented on recent photos. Then she would also find newer accounts interested in blogging or handmade business and like their photos along with following that account. Iconosquare helps her to unfollow the users who aren't following you back. Her current strategy is to post every day and use relevant hashtags in the first comment. (You can post up to 30 hashtags in one comment.) How an Influencer Can Make an ImpactMei started off with a great example of just how effective a partnership with an influencer can be. She found an influencer on Instagram one day who had a style and fashion sense matched hers perfectly. This woman was a musician on The Voice. Mei found her email address, introduced herself, told her she loved her style, told her about her jewelry, and offered to send some as gifts for her and her friends and family. The email landed in the singer's publicist's inbox. The publicist relayed the information, and the woman chose several pieces that she really wanted. This woman then took a photo of all the jewelry laid out on the table and tagged her, and within 48 hours Mei had 2,000 new followers on Instagram. Mei wants to note that these followers are completely different from paid followers. These are people who saw the photo of her products, genuinely liked them, and took the time to check Mei and her business out and choose to follow her. These are potential customers for Mei that she can build a relationship with. How to Reach Out to InfluencersCheri sends a direct message on Instagram to an influencer she wants to work with, and about 8 times out of 10, she receives a positive response back. Whether the influencer wants free product, a gift card, or cash depends on the person and the size of their account. Details to ConsiderUse specific hashtags when working with an influencer (to draw in more viewers to the post) and specify the amount of time the post is going to stay up. Cheri thought her sponsored posts would stay up indefinitely, but then a larger influencer told her it would be $100 for 5 hours. So you have to specify whether the post will be up permanently or for a certain time-frame. Once a post is deleted, the hashtags and its ability to be found all disappear. Do you ever send a cold package to Influencers?Mei has heard of a brand who makes high-end chocolates. If they truly believe the person they're planning to send something to will love their products, and they can't get in touch with them via email or social media, they will go ahead and send out a blind product and that has worked for them. For Mei, however, she always sends a pitch first to ask for their permission, and then they get to decide which of Mei's pieces they would like the best. Mei says of sending cold packages, "don't be afraid to do that with people who you think will fall in love with your stuff." Mei is dying to get in touch with Ree Drummond of the Pioneer Woman. We all had ideas for sending the perfect care package to her! What should you say when you pitch an Influencer?Cheri keeps her pitches really short and sweet, 3-5 sentences, and includes her email address if they'd prefer to get back to her that way versus Instagram direct messages. Cheri will always find a connection or compliment she can give where she mentions a blog post she loved or an Instagram post she connected with. This lets them know she's a real person and genuinely likes what they do. Focus on what you can do for them and their customer base and not what they can do for you. For example, Cheri can focus on someone who is an advocate for cruelty-free products. Mei had several tips to share too: Don't make the pitch feel like a favor. Make it all about them. Don't be formal with your greeting. Don't say Hi Ms. So-and-so. That feels spammy. Call the influencer by their first name. Mei keeps her pitches at 10 lines max. Don't just read their latest blog post. You have to do your research. They will sniff you out if all you did was read the first post. Mei also recommends including a P.S. note at the bottom of your emails, because people tend to read and pay attention to that P.S. note! Mei reached out to an editor of Girl's Life magazine, and that editor had mentioned a band she liked. Mei was able to include a P.S. that she loved this band too and went to college with them! Do Instagram Direct Messages Work?Does an Influencer have to be following you in order to see your messages? No. You can direct message any account that you personally follow. Whatever you would say in an email, Cheri sends in a direct message. She gets responses almost immediately for many of her pitches. Cheri sent a message to Sue B. Zimmerman (the Instagram Expert) the other week and she received a response back within 5 minutes! Most influencers get back to Cheri within 24 hours, and about 8 out of 10 pitches get back to her with a response. Cheri believes this response rate is much higher than if she were to email them. People who are on Instagram are really active and they're on there all the time. And direct messaging is still under-utilized so it's a quick win right now. Note: If someone isn't following you on Instagram, your message will show up as a notification at the top of their inbox. The person receiving the message can click the notification and choose to allow messages from that person or not allow. So as long as they allow the message to come through, you're good! And either way, they should see that notification right at the top of their inbox. How to Identify Influencers to Work withMei looks for as large a following as possible, but she also looks for great engagement. Her general rule of thumb is to have 5% or more engagement on each posts. For example, an account with 1,000 followers should have 50-100 likes or comments with each post. If you have a list of hashtags that you know your customers are using, you can see the top 9 most popular posts for that hashtag. Chances are one of the top 9 photos was posted by an Influencer in your niche. Finding the right Influencers involves some elbow grease. As you explore Instagram and interact, you'll run across Influencers and you can write them down and keep track of them on a spreadsheet. Cheri also looks for accounts that have high engagement. She searches for relevant hashtags as well and keeps a running list of her favorites. How to Weigh Follower Counts versus EngagementAlthough 5% engagement might be hard to find, it tends to be way more worth it for Mei to find those accounts to work with versus just finding the biggest possible account. Cheri agrees that she tends to get better results with smaller accounts because they tend to be more engaged. In addition, larger accounts often require a cash payment of $250 or more, versus a smaller account who may accept a free product or a gift card. When Cheri first started working with influencers she would provide the photos or they'd take one off of her website, but she's seen way better results with lifestyle shots - even if the influencer just shares the package they received. Natural shots right from the influencer perform much better than a generic photo from your site. Mei says it's not impossible for influencers to use photos from your website. A lot of larger influencers charge more if you use their photo and less if they take their own photo (they got a free product from you.) How much does it cost to work with an Influencer?Cheri says that larger accounts look for a cash incentive. She's found prices anywhere from $10 up to $5,000 for a post that would stay up for 5 hours. (That account had about 300,000 followers at the time!) Cheri always starts by offering free product of the influencer's choice, then she'll offer a $50 or $100 gift card. But many influencers just want cash. Cheri has found prices to be about $50-100 per 50,000 followers. If a private account has representation, they may have rates posted. But Cheri has found that everything is negotiable. Mei also stressed the importance of negotiating: "Just because we're women doesn't mean we have to always play by the rules," she says. Mei always chooses to send free product first. Next, she chooses to pay for features where it's anywhere from $40 to $200 with discounts for multiple features, and extra fees to also do a giveaway or keep the post up forever. At $300 you're normally getting a "package" of posts and benefits. Another option: Working with feature accounts. These are accounts on Instagram that only post photos from other people's accounts within a very specific niche (such as planners, handmade items, skateboarding, you name it!). You don't know who they are or where they're located, but some of them get great engagement with their followers within their niche. Tips for Streamlining on InstagramMei hired a Virtual Assistant who re-posts much of Mei's old content on Instagram. This system works because Mei's time is limited, but her engagement has gone down a bit as a result. She used to get over 1,000 likes with just 10,000 followers because she was posting fresh content and it was posted by her - the maker. Mei now gets 600-900 likes on a photo, and her account has over 20,000 followers. Mei tends to push posts from Facebook over to Instagram. Hiring a virtual assistant for her main business Instagram account also has another added benefit: Mei gets to avoid the drama that can happen there. (Apparently heated words were exchanged over a bacon necklace...made with clay, not real bacon.) Cheri pushes posts from Instagram over to Facebook to populate her page more often. Facebook and Instagram work well together because you can use a square photo on each so you don't have to edit and re-size. In general, both ladies (along with us!) found that the followers they have on Instagram aren't usually the same people who follow them on Facebook. You're reaching a new audience when you grow on Instagram. How to Track Sales from InstagramCheri uses a bit.ly link in her profile that is linked to a landing page on her site. Her goal with Instagram is not necessarily to get direct sales but to gain email subscribers. Cheri knows the lifetime value of a subscriber so she can track how well sponsored campaigns are working based on how many new subscribers she may get on a certain day when a campaign is live. Cheri also recommends doing a featured post in combination with a giveaway because your engagement will be much higher. In addition, you can offer a custom discount code to that community and this will allow you to track the success of that feature based on how many customers use that code. Mei recently moved over to Shopify, but before that she used a self-hosted e-commerce platform. She asked each customer how they found out about her. The majority of her customers came from Facebook, with Instagram coming in at a close second. So even though Mei couldn't directly track Instagram sales she could easily tell that many of her customers were coming from the platform. Mei reminded us that there are many marketing strategies that you can't directly track - for example, giving out business cards at a craft show or a friend telling another friend about your shop. There's another barrier to marketing on Instagram - you only have one clickable link which is in your profile. However, Mei says you can counter this resistance by selling directly on the platform. You can ask followers to comment with their Paypal email address to purchase an item and be invoiced via Paypal. Beth Newitt has successfully done this as well. Spreesy.com allows you to bring your entire shop over to your Instagram profile, and you can do this on Facebook as well. It counters the barrier of only having one link to click on. Link your Spreesy account to Instagram or Facebook and when someone comments with their paypal email address to purchase the product, you don't have to manually send them an invoice, spreesy just automatically sends the invoice to them and tells them how to check out. You're meeting people where they're already hanging out and not forcing them to leave a social media platform. With Spreesy, people can subscribe to any new product that you're adding to your Instagram profile as well so they'll be notified when you come out with new items. Other ResourcesCheck out Jill from Rustic Cuff's interview where she shared how she sends her products to Influencers for publicity and exposure. A few Instagram accounts who feature handmade products that might be worth checking out. For many of these accounts, a feature that stays up forever costs just $25. Find Cheri and Mei online!Cheri Tracy: Orglamix.com @Orglamix on Instagram Mei Pak: CreativeHiveCo.com @TinyHandsJewelry and @CreativeHiveCo on Instagram
Direct download: Episode2011520Instagram20and20Influencers_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Thu, 22 October 2015
When you purchase a computer or camera for your business, are you unsure about how much you can deduct as a business expense since you use them for personal reasons as well? The answer to that tax question awaits you below!
The BackgroundIn Episode 107 we talked about Assets and Depreciation, and that information was the background information needed to help you understand this episode a little better. Here's the cliff notes version. An asset is something that provides benefit to your business for more than a year. Computers and Cameras are assets, but paper and ink are not. Normally when you purchase an asset, the IRS wants you to depreciate it, which means you record the expense over the period of time that you will be using the asset instead of recording the entire expense in the year you purchased it. Splitting up the cost over several years is called depreciation. Computers and CamerasWhen it comes to some smaller "entertainment use" equipment, the IRS has some different rules. These items - such as computers, cameras, and video recording equipment - are called "listed property" by the IRS. Business Use vs. Personal UseThe first thing you need to do is determine what percentage of the time you are using that equipment for business versus personal use. Let's take the example of a camera that you purchase for your business. You might use the camera for personal reasons such as taking pictures of your kids, but you also use that camera for product and blog photography. The IRS wants you to create a log and track how much you use your camera for your business and how much you use the camera for personal purposes. This splitting up of business and personal use for purchases was also discussed in our episode on Business Expenses for Bloggers, specifically materials and supplies. Some ExamplesAs an example, let's say we purchase a camera for $2,000 and use it 75% of the time for the business. Normally you would take 75% of the cost of the camera, $1,500, and depreciate that amount over the next several years. The $500 is personal so that is not a tax deduction for your business. But, if you use the camera over 50% of the time for your business, and in our example we did, the IRS has a rule where they will let you take that full business expense portion as a tax deduction in the year you purchased the item, instead of depreciating the cost over several years. They call this a Section 179 Deduction. All this basically means is that you can expense the business portion of the cost of the equipment all in one year, instead of spreading it out over several years through depreciation. What if you don't use the equipment over 50% of the time for your business? You can still depreciate the business portion, but you can't elect the Section 179 Deduction to take the expense all in the first year. The ExceptionIf you have a computer that you keep exclusively in your IRS qualified home office, then 100% of that computer cost can be taken as a Section 179 deduction. You can deduct the full cost of the computer as a business expense in the year you buy it, instead of depreciating it over the next 5-7 years. A second example: Let's say you buy a laptop for your business, but because it's mobile, you don't use it exclusively in your home office. We'll say it cost $1,000, you keep a log, and you use it 90% of the time for business. Because you use it over 50% of the time for business, you can elect the Section 179 deduction at the end of the year. So 90% of the cost, or $900, can be deducted as a business expense on your tax return in the year you purchased the computer, instead of depreciating it and spreading out the cost over the next few years. The 10%, $100, is just a personal expense, and is never a business tax deduction. Don't Worry!Electing Section 179 deductions takes place on Form 4562. There is a maximum Section 179 deduction, but the maximum was $500,000 for 2014! Don't get worried about all of these rules and forms. If you use tax software (such as H&R Block or Turbo Tax) or use a tax professional, they will know what questions to ask you and what forms to fill out. What you need to know is that when you buy equipment for your business, you need to determine how much you are using it for business purposes, and how much for personal reasons, so that you can take advantage of the tax rules. I bet most of you are buying equipment, using it mostly for business, and not taking a deduction on your business taxes. You are just eating that cost with your personal funds. Don't do that now that you know you have a legitimate tax deduction! Converting to Business UseLet's say you bought an asset before you started your business. You bought a $2,000 camera in 2014, but you didn't start your business until 2015. Keep track of how you now use it for business and personal use. The portion that you use for business, you can depreciate based upon the item's current fair market value (fmv). So if the camera is now worth $1,000 in 2015, but you use it 75% of the time for your business, that's $750 you can depreciate over the next several years and get that tax deduction. It will take time to track business and personal use of your equipment, but it is well worth it to legitimately save some money on your taxes. ResourcesThe IRS Tax Guidance on Listed Property is found within Publication 587 What do you think? Do you have any new deductions you can claim on your taxes this year? -Sarah In accordance with IRS Circular 230, we advise you that any discussion of a federal tax issue in this communication is not intended to be used, and cannot be used by any recipient for the purpose of avoiding penalties that may be imposed on the recipient under US federal tax laws.
Direct download: Episode2011420Listed20Property_mixdown20final.mp3
Category:general -- posted at: 1:01am EDT |
Tue, 20 October 2015
Do you have a hobby that you'd love to turn into a business? Listening to Addi may be just the boost you need to get going! Addi had a hobby blog for several years, but one day, she decided it was time to get serious. Did she ever! In four months' time, Addi figured out how to boost her blog traffic from 10,000 pageviews per month to 100,000 pageviews a month. Now she averages over 500,000 pageviews each month. On the Podcast00:49 - How an Outlet Turned into an Income
Note: We use affiliate links in this post. This means, at no additional cost to you, we earn a commission if you decide to purchase a product. Affiliate links are noted with an asterisk * Press Play on the Podcast Player Below to Hear Addi's Full Story How an Outlet Turned into an IncomeAddi began her first blog, Frugal Fanatic, about three years ago. It started as an outlet for her as a new mom who wanted to share about saving money and motherhood. After two years of blogging just for fun, Addi got more serious about blogging and decided to turn it into a real business. She soon found she loved blogging and had a passion for it. Not long after, Simply Blogging Along, her second web site, was born! Simply Blogging Along... or is it?Once Addi grew Frugal Fanatic into a successful blog, she received a lot of questions about blogging and business. Although she wanted to share what life was like as a mom blogger and small business owner, she knew her core readership at Frugal Fanatic likely wouldn't be a fan of her new focus. They were used to content about motherhood and money saving tips. So Addi decided to start a new blog where she could share about blogging and business and Simply Blogging Along was born. We love the title of Addi's new blog, because she shares blogging tips that are honest, and genuine. She's simply blogging along - growing as she goes. But in other ways, blogging isn't simple at all! Addi confessed that she has found it very tough to run two blogs at once. She forgot about a lot of the little things involved in setting up a new site such as social media and networking with bloggers. Starting FreshWe were curious about whether Addi's past experience in successfully growing a blog made growing her new site a piece of cake, or whether it still felt like she was starting from scratch. It's not as though Addi's entire audience at Frugal Fanatic came right over. She did grab a core group of readers, but she still has to work hard to gain new visitors to her site. The other challenge that any site owner will face: getting to know your new audience and serving them well. In order to grow her site, Addi knows she needs to provide her audience with the content they're looking for and not just write whatever she feels like writing that day. Isn't that great advice for all of us? Whether you're brand new or years into online business, you have to get to know your audience well and serve them well. And... if you're thinking about starting a brand new site with a brand new focus, just remember, it will still take a lot of time and work to make it successful. Splitting Time Between Two BlogsAlthough building Simply Blogging Along is new and exciting Addi has to remember that Frugal Fanatic is her “bread and butter” so she can't ignore it. Balancing her time between both sites has been a struggle but Addi sticks to a schedule every week that helps her stay on track. Addi has time blocks to work in the morning, during nap time, and in the evening. Addie always uses her evening time block to write (she's trained her brain to do this!) She creates a “must do” task list daily and uses this to guide each time block. 75% of Addi's time is spent on Frugal Fanatic and only about 25% on Simply Blogging Along. This is because her new blog is more relaxed, doesn’t have ads yet, and is growing only as quickly as she allows it. Sticking to a schedule has been the most important way that Addi balances both blogs. Posting Frequency + Blog TrafficAddi used to post 6-7 articles per week on Frugal Fanatic but has cut that down to focus on writing higher-quality posts. Now Addi posts about 3-4 times per week on Frugal Fanatic. After Addi decided to get serious about blogging, she was able to grow her site from 10,000 pageviews to 100,000 pageviews in just four months! 18 months later Addi now averages about 500,000 page views each month. She attributes her fast growth to using Pinterest to promote her blog. By putting in the time and having a solid plan, she has grown her blog readership and believes others can too. Pinterest StrategiesAddi attributes a lot of her growth in traffic to Pinterest. Here's what she does.
Addi has over 31,000 followers and 89 boards for Frugal Fanatic!
This is Real Life, Folks!Although Simply Blogging Along is more focused on blogging and how to make money online, Addi found that it was important for her to include her “mom” life here as well. When you're a mom, growing a business from home just isn't quite the same. There's a huge balancing act at play, and Addi knows that struggle firsthand. Addi wants to help her audience with their home lives, their parenting, and the entire balancing act of being a mompreneur. And, she wants to acknowledge that although it's tough to be a work-at-home mom, it's very possible! So Addi shares real life. She shows others how she balances running her household, being a mom, and running her business all on Simply Blogging Along. Addi says her kids even help her with her blogs on occasion, and her oldest son now tells people that he's going to work from home when he grows up! The Number One Tip for BloggersWrite amazing content! Write something that your readers will not only relate to, but will be compelled to share. Provide value by solving your reader's everyday problems. You may be able to entice someone to click over from Pinterest by simply using a great photo and a catchy headline, but they'll leave just as fast as they came if you don't have solid content to with which to back that pin up. If you want to build a loyal readership and grow your email list, focus on posting less often but posting quality work. Launching an E-BookIn June of 2015, Addi launched her book, Breakthrough: The Complete Guide to Growing your Platform and Blogging your Way to a Full-Time Income* She shared several things she learned along the way.
Why you Should Sell an AudiobookWe don't usually tell you "you should do this!" We tend to be more balanced in our approach. But in this case... I really think most of you reading this page should sell an audiobook! Listen and read on to figure out why. Addi has made the most sales by selling her book on her own site and through affiliates she works with. On Amazon, Addi's e-book doesn't sell all that well, and she thinks she may need to learn a little more about Amazon SEO. But here's the kicker: Addi has sold about 200 copies of her Audiobook, and that version has only been out for 6 weeks (as of our interview date). At first, Addi never considered selling an audio version of her book, but after getting numerous requests, she's so happy she took the time to create it. She has sold about 200 Audiobooks in just 6 weeks of having it live on Audible* with very little promotion. Addi found a woman on ACX Exchange and paid her $20 an hour to record her book which was 3.8 hours in length. So in all, Addi paid just under $80 to create the Audible version of her e-book! That included the editing done by her narrator to format the book for Audible. Here's Why Selling Audiobooks Might be a Great Idea:
Using Woo CommerceAddie sells her e-books and products by using the Woo Commerce Plug-in on both of her sites. Quick Facts:
Sales PagesWoo Commerce also has a landing page template that has lots of short code options so Addi can customize it. It looks the same as Addi's old landing page that she paid for. Shoppers can land on the landing page, or they can click and go straight to the cart. Addi has been testing both options to see which converts better. Overall, it seems like her customers like the shorter option better! Then...we all proceeded to compare and contrast long versus short landing pages, the psychology of selling, and $1,000 courses :) It was an interesting conversation! Addi's Embarrassing Mom MomentAddi's embarassing mom moment is something we've all experienced! Oh boy... kids will be kids! Tune in to hear the story! Find Addi Online!FrugalFanatic.com (Our book on Audible! And, if you're brand new to Audible, use this link to get your first book free*)
Direct download: Episode2011320Addi20Ganley_mixdown20final.mp3
Category:general -- posted at: 4:46am EDT |
Sat, 17 October 2015
This past week, Sarah and I tried out our first Blab, and it was so much fun! Blab is similar to Periscope in that it's a live video streaming platform, but the fun thing about Blab is that you can have up to four people streaming at one time. So... it's kind of like a Google Hangout on steroids! You can follow people on Blab, invite others to be on the video with you, and viewers can chat live and ask questions. We plan to Blab each week with a different brilliant business mom to answer questions and brainstorm how she can grow her business. Head right here to follow us on Blab! We'll also post all of our Blabs on our Youtube channel. Press Play on the player below to watch and listen to our first Blab, and we can't wait to see you live in the chat the next time around! Ideas for Podcast Growth
Resources Mentioned in the Blab:How to Subscribe to a Podcast in iTunes Podcasting for Beginners by Buffer (Apparently the ideal length is 22 minutes, ideal format is weekly, and best day to air your episode is Tuesday.) On Saying the Wrong Thing by Sunlit Pages Rev.com - Transcription for $1 a minute The Read-Aloud Revival Podcast with Sarah Mackenzie (We love the way she has kids call in and talk about their favorite books.)
Direct download: Episode2011220Blab-20How20to20grow20a20podcast_mixdown20final.mp3
Category:general -- posted at: 2:06am EDT |
Thu, 15 October 2015
This week, we're trying something new here at Brilliant Business Moms! Sometimes, after the podcast interview officially "wraps" this is when we all breathe a sigh of relief, and we just start chatting freely! We had such a great chat with Erica Richards of Rainey's Closet that we wanted you to hear what happens "after the episode". On the Podcast we Chat About:
Direct download: Episode2011120Erica20Bonus_mixdown20final.mp3
Category:general -- posted at: 4:06am EDT |
Tue, 13 October 2015
People will pay for convenience. If you add saving money to that convenience equation, then you've struck gold in your business! Erica offers both convenience and savings to customers of Rainey's Closet - an online rental company for kids' clothing. Not every family will splurge for a full photo shoot complete with fancy outfits, but the ones who do know that pairing the right dresses and accessories can be a challenge. Add to that the incredible cost of those dresses and accessories, and Rainey's Closet is there to fill in the gaps. Erica has such a unique business model - complete with its own challenges. But I know you'll find inspiration when you listen to her story. Whether you're reminded to head back to the trenches and spend more time with your target market, or you discover a brand new way to solve someone's problem, you won't want to miss hearing from Erica and what she's doing at Rainey's Closet. On the Podcast01:41 - How the Quest for Perfect Photos Led to the Perfect Business! Press Play on the Podcast Player Below to Hear from Mamapreneur Erica Richards How the Quest for Perfect Photos Led to the Perfect Business!Erica Richards worked in marketing and public relations before deciding to be a stay at home mom once her daughter was born. When Rainey was about 3 years old, Erica began receiving offers for various jobs but nothing seemed worth going back to work. She began looking for a creative outlet and way to use her talents. Erica's light bulb moment came after a frustrating experience of spending a lot of time and money preparing her family for a photo session. She wanted gorgeous photos, and she searched and searched for the perfect outfits for her daughter. She ended up spending a lot of money on that outfit and accessories, and of course, after the shoot it just sat in Rainey's closet. It felt a bit wasteful. Erica realized that finding and coordinating great outfits for children - particularly for their family photos - was a problem lots of moms were having. She came up with the solution of Rainey’s Closet. Erica had used “Rent the Runway” in the past for special occasions for herself, and she thought, "why couldn't this model work for kids' clothing as well?" Rainey’s Closet started as a part-time side hustle and quickly grew to a successful full time business. First Steps to Building a Business and a WebsiteIn October of 2014, Erica began buying her inventory. She found that fall was a perfect time to start buying clothing and accessories for her business as there were many sales, and many moms were selling their clothing after completing their own photo shoots. Erica then created a Facebook page, bought her domain name and set up her website. Intially, Erica got quotes for a custom website, but discovered that that option would be extremely expensive. So she and her web developer got creative. They found a great program to use as the base for their site. It was designed for clothing rental companies, so it had the right tools for inventory management and scheduling an order built right in. From there they customized the overall look, and Erica began adding inventory. Erica admits that it took weeks and weeks of late nights getting photographs of all her inventory and adding it to the site. This has been the most time consuming and labor intensive part of her business, but it has certainly been worth it! Partnerships with VendorsErica buys a lot of kids' clothing and accessories from Etsy shops and small boutiques. For this reason, she purchases the majority of her items at full price and pays up front for them. For many handmade items, there's simply no discount on the amount of time it takes a Mamapreneur to make the item. And because the items are handmade, Erica also needs to give the vendors a month or more of lead time for an order of, let's say, 15 flower crowns, for example. However, there are a few companies that offer wholesale prices to Erica, such as Tutu du Monde. How to Find the Best Items Erica finds her vendors by looking at trends in kids' photography and fashion and watching what other photographers are using. Pinterest, Instagram, and Facebook are all great places to find out what's trending, what moms are talking about and seeking out when it comes to fashion, and what everyone is drooling over! The Initial InvestmentErica has invested tens of thousands of dollars into her inventory over the past year and far underestimated the investment that would be required! But once she and her husband realized that the business would work and there was enough demand for their service, they felt confident enough to keep buying more items in order to keep growing. As long as Erica purchases at a rate that stays consistent with demand, her business remains profitable. Since so much of her money is tied up with physical inventory, she feels confident that if necessary, she would be able to recover her money and liquidate easily. Thankfully, this isn't necessary and the business is doing great! Having a large inventory in the clothing rental business is essential to attracting and keeping customers on her site. It is important that a customer is able to find the size, style, and availability they need. The Rental ProcessClothing rental might seem like a foreign concept to some customers! We asked Erica to explain how the process works. Customers browse the site to find what they want then choose the appropriate size and the dates needed. Rentals are available for either 4 or 8 days. Customers pay the rental price and a $6 flat shipping fee that includes a prepaid return shipping label for convenience. The shipping stays at $6 no matter how many items the customer orders. For example, if you have an event or a photoshoot planned for October 10th, you would choose October 8th for your delivery date. So then you'll have two days to try on outfits and pair accessories, use it on the 3rd day, and return your items on the 4th day. Erica does not charge customers for normal wear and tear, such as a bit of sand or one sequin falling off. But she does have a detailed terms and conditions page that outlines a 200% charge for an item that is not returned or is damaged beyond repair. The Best Part of Erica's Job!In addition to being a brilliant business woman, Erica has the added benefit of being a stylist in her job as well. She often gets questions from customers on which accessories will pair well with certain dresses or outfits. She gets to offer exceptional customer service by providing great recommendations, and, let's be honest, it's pretty fun to play stylist too! Erica also gets to style items for her own photo shoots and social media as well. Getting Great PhotosErica has dozens of gorgeous photos on her site that really showcase how her clothing can be used. So.... does Erica have to schedule her own photo shoots each month to get all of these incredible photos? Nope, they're actually a mix! Erica takes some of the product photos herself or with a photographer she hires, but some of her larger vendors like TuTu du Monde and Nelly Stella create campaigns specifically for their sellers to use. At the same time, customers tend to prefer the less “styled” photos so they can see the items on a “real” child and see how the item will fit and get a sense of its true colors. How to Determine a PriceFor her clothing, Erica has a general pricing formula that she uses for her rentals. She takes into account how many times she will be able to rent each item before it is no longer usable. She needs to make her investment back on the product after "X" number of rentals - a number she's comfortable with that allows for a reasonable customer price, and a reasonable profit for her. Overall, renting from the site costs a mom about 25% of what a full outfit would cost if purchased outright. Renting also prevents a lot of waste and buying items that will only be worn once. For example, a Tutu du Monde dress can cost $160-$230, add a cape for $100, a flower crown for $50, that adds up to a minimum of $310. But you can rent all of this from Rainey's Closet for about $60. So you've just saved yourself $250, or just 19% of what you would pay at full retail price. This dress, shrug, and headdress would cost close to $400 at retail. Or you can rent all three from Rainey's Closet for $52. That's an 87% discount. Photo by B Couture Photography. Where do Customers Come from?A lot of Erica’s customers come from either photographers referring moms or photographers themselves. Photographers don't want to shoot the same-old, same-old. They know that a styled shoot will turn out better and showcase their work. On the other hand, they don't want to tell a parent that they need to spend hundreds of dollars in addition to their photography fees! Rainey's Closet offers the perfect solution. About 50% of Erica's business comes directly from photographers who rent out the items for families to offer them exceptional customer service and guarantee great photos. The rest of her customers are moms. Customers find Erica on Facebook, Instagram, Pinterest, and also when searching for specific brands. Erica has some styles that are hard to find because they're from last year and the brand no longer sells them. Moms who are looking for that "one perfect dress" can often find it on Erica's site. Knowing your Target MarketWhen Rainey was about 2 Erica began getting involved with the “closet mom” world. She finds popular brands by watching what moms are talking about on social media. Moms also start Buy, Sell, Trade Facebook groups around certain popular brands. There are so many boutique brands who only make a limited quantity of each item, so moms go hunting all over the place looking for them or offering to buy them from other moms for hundreds of dollars! Erica also looks at what photographers are using in their photo shoots. She has done a great job of immersing herself in the world of her target market as a way of staying current with what they are looking for. Changing StrategyErica began joining Facebook groups and interacting on brand pages so that when moms were looking for something that was hard to find she could send them to her page. She quickly realized that this is not allowed in most Facebook groups, so she has had to change her strategy. Now, Erica has her own private Facebook group for marketing and selling her “older” items. It's a great way to get rid of inventory she doesn't need and attract her ideal customers who are able to use her group to buy and sell items as well. Erica's group has over 1,000 members, and she knows it will continue to grow. I love that Erica didn't let one marketing set-back get her down. She just decided to create the perfect marketing tool for herself instead! Erica also counts on word of mouth marketing from her customers. They'll often comment on her Facebook posts and tag their friends saying, "this is the business I was telling you about!" Erica always goes the extra mile for her customers. For example, if an item suddenly becomes unavailable because it was damaged, she'll quickly go pay full retail price for that item to keep her customer happy and give them what they want. Making Smart Business DecisionsSince Erica orders in the spring for her fall season, she has found that predicting what will be popular is quite difficult. Because of this, Erica often tests the market first by ordering just one item. If that dress or accessory becomes popular, she then goes back and orders more. There's no better way to figure out what your target customer wants than to simply put something out there and see how they respond! Armed with information and sales, Erica can make smart business decisions. Erica’s “Secret Weapon”Three times in the past year Erica has run into an issue with a customer not returning an item. While this can be extremely detrimental and devastating to small business owners Erica’s husband is a lawyer. When an issue comes up with a customer Erica is able to have him send a legal letter out and begin the legal process with no high costs and hassle. So far she has recovered the items thanks to her “secret weapon”. Erica's Funny Mom MomentYou'll have to tune in to hear how Erica's strong-willed little girl Rainey has leveraged that will into a way to make an income at just four years old. We were cracking up! Find Erica Online!You can also find gorgeous photo shoot inspiration on Erica's social media channels. She's Rainey's closet on Instagram, Facebook, and Pinterest.
Direct download: Episode2011020Erica20Richards_mixdown20final.mp3
Category:general -- posted at: 1:13am EDT |
Tue, 6 October 2015
What if you could expand your business by putting yourself in a box and reaching more people? It may sound like science fiction, but in many ways, Lisa has found a way to do this very thing! It comes as no surprise that a professional organizer and productivity nut would find many unique ways to reach more people without spending more time to do it. On the Podcast00:54 - 9 Businesses with One Thing in Common Press play on the podcast player below to hear Lisa's best organization tips and to learn how she helps more people in less time with her business, Organize365. 9 Businesses with One Thing in CommonLisa comes from a long line of entrepreneurs. Her great-grandmother went to college well before that was the norm for women and ultimately owned her own floral shop! Her dad's side of the family had a similar bent towards owning their own businesses. There was never any question that Lisa would go to college, but she knew that in the end she'd be an entrepreneur. Lisa viewed college not as a way to get her ideal job (she could create that all on her own!) but to get her MRS. degree. Yep, she knows it's not politically correct and confesses that she should have come of age in the fifties! Lisa was a teacher before she had kids, but she also did direct sales. Once her children came along, she quit her teaching but continued on with direct sales. She then added tutoring, cleaning houses, and scrapbooking to her list of entrepreneurial endeavors! Lisa's business ventures got so crazy that at one point she had 9 schedule C's on her tax return! (My head is spinning just thinking about it!) Finally, in 2012 after a really rough time period for her immediate and extended family, Lisa sat down to think about what she really wanted to do. She knew she was great at sales, but the question was, what did she want to sell? Where did her gifts and passions lie? Lisa found the common thread in all of her business pursuits: organization! She got her teaching job because her co-teacher was so disorganized they needed Lisa to come in and organize the classroom. She then went on to organize the whole school! Lisa's scrapbooking business was so productive for her and her clients because she helped them get organized first. Lisa even wrote an e-book on direct sales called: How to Organize the Business of Direct Sales. She had it! Lisa starting a professional organizing business and launched her website Organize365 in January of 2012. Becoming a ProLisa knew she was good at teaching and coaching, so she used that skill to create great content on her blog that would help others. Even though she was passionate about helping others get organized, Lisa still hadn't realized she was "expert enough" to call herself a professional and get clients. Instead, she was making money by doing direct sales and hosting parties for organizational supplies. Lisa's house parties were huge, and she couldn't figure out why so many people wanted to attend just to buy some plastic bins! Her friend said, "Everyone wants to know what a professional organizer has to say!" It finally dawned on Lisa that she was a pro at this, and she'd better start acting like it. In April of 2012 Lisa started doing professional organizing full-time and her business was profitable right away. In January of 2013, Lisa added her first team member to her in-home organizing team. In the Fall of 2013, she hired another person to work in her business, and she's hired several other team members since then. There are a Million Ways to Monetize!It's easy to look at other bloggers and think that replicating their business model will work for us. This isn't always the case! We each have different strengths, different tools at our disposal, and a different audience we're serving. Lisa quickly grew her in-person organization business, but she wanted to monetize her blog too. She saw lots of bloggers making money from couponing, advertising, and working with brands. She tried these methods a bit, but they didn't seem to work well for Lisa's audience or her skill set. She realized that she's better as a teacher, so she created more e-books to sell. In 2012, Lisa wrote 10 steps to organize paper. Next, she wrote an e-book about her Sunday basket. Then Lisa got the rights back to her first published book called the ABC's of the Bible. Continuing with her model of teaching, Lisa added a podcast just over a year ago. And finally, Lisa maintained her skill at direct sales, but she took a different, more modern approach. Rather than host home parties and assembling teams of sales people, Lisa used these great companies as affiliates on her blog. Lisa in a Box!If you're a great teacher or coach, I bet some of your clients have wished they could package you up in a box, order you online, and have you right there with them! Well, Lisa has done just that with her first physical product! It's called Get All Your Papers Organized in One Weekend. Lisa combines the knowledge you need to get started, the motivation in the form of her walking you through each step via audio CD, and the tools needed shipped right to you. There are quick-start guides so you don't have to read the full e-books if you don't want to, 3 sets of slash pockets and 2 ONE clips (both of these are a big part of Lisa's organizational system, so you don't have to hunt them down at the store), Sunday planning printables, and Organize 365 printables. Could you come up with a way to help your long-distance customers by packaging yourself in a box? I bet you could! 3 Keys to Lisa's SuccessLisa points to 3 key strategies that help her grow her business and keep it profitable.
(Lisa's strategy for managing her time and new business ventures sounds so similar to Rachel Coley's. Sarah and I both agree that it's a great approach, and we use it for our business too! We can't do it all.. as much as we'd like to!) Think Outside the Box with OutsourcingLisa highly recommends the book, Virtual Freedom by Chris Ducker. In the book, Chris tells readers to make 3 lists.
Lisa is a productivity nut! She wants to squeeze an extra task out of the hour and an extra minute out of every hour! Lisa says that mompreneurs often miss important things they can outsource that would give them more time for their business. She has a list of 10 household tasks you can outsource. You might feel guilty about this at first, but you have to think outside the box. If you outsource cleaning your house for $60-120 a week, you'd save yourself 5 hours a week of work. So Lisa looks at it this way: can she make at least $120 in that 5 hours of extra time? The answer for her is an absolute yes because she can work with a home organization client for $300 during that time. Ask yourself, "How much does it cost me to do that task, and how much does it cost someone else to do that task?" Another creative outsourcing solution: Lisa says, "don't outsource your parenting," but she does recommend getting help with the kids when they're little. Lisa used to hire a nanny on Wednesdays from 8 AM to 6 PM. Lisa was able to get 10 hours of productive, quiet work time for just $120. That was totally worth it! And in 10 hours of dedicated time, Lisa was able to plow through a ton of work versus working every naptime for 1.5 hours each day and feeling like you're not getting anywhere. If you don't have any funds for a sitter, consider swapping with a friend. You take her kids one day a week, and she takes yours on another. Then, you both get dedicated work time, and your kids have fun with their friends! How to make the most of your work time: Lisa recommends creating a work basket. As you think of tasks to do for your business, write them down and put them in your work basket. If you think of something to tell your business partner, just write it down and put it in the basket. Emails you have to respond to? Put them in the work basket! Then, when you've got your dedicated chunk of time, you know just what to tackle without getting sidetracked or distracted. You can plow through those little to-do's much faster than you realize when they're all in one place waiting for you. Validation as MamapreneursAnother important mental aspect of having a dedicated time to work is that it gives your job some validation. It's earned a place on your calendar. You've made room for it. It's not just a casual gig anymore. Sarah and I had our own esoteric discussion here about validation as Mamapreneurs. When Sarah filled out the paperwork for her daughter's orthodontist appointment, she put homemaker as her occupation. But she thought to herself today, "I should put self-employed!" I agree, and I laughed and confessed that I've put "self-employed" on every bit of paperwork I get the moment we decided to launch our podcast! It often takes quite a while (and maybe it will never happen!) for others to recognize your home business as valid, but that doesn't mean you shouldn't recognize it as such. (It's valid, brilliant business mom! We believe in you!) Organization for MamapreneursLisa says it's so important for Mamapreneurs to write down their biggest goal for the week, and then no more than 3 top goals for each day for the home and for their business. She's created a free printable for you to try to organize those top tasks as well as get your week organized each Sunday! When you start planning your top goals, you'll realize that email and social media don't often make the list, but without a plan, those tasks easily creep into the first place spot each day. Lisa also blocks off one work day each week to spend 6-8 hours on something that will grow her business to another level. So, for example, getting her products on Amazon, or creating new videos or a new product. The Sunday BasketLisa's main method for organizing paper involves something called, "The Sunday Basket. It's a basket, box or bag that you keep on your kitchen counter. Every bit of paper that you receive, along with other simple to-do's goes into this basket. For example, a bill that doesn't need to be paid right that second, paperwork from the kids' school, an item to return to Walmart. On Sunday after the kids are in bed, take out every single thing, touch it and ask, "can this wait until next Sunday or does it need to be done this week?" Everything that must be done that week should have a plan for action. In this way, all of your paperwork and to-do's are in one, manageable place, and you only tackle the things that need to be tackled, without forgetting anything along the way. How Blogging Brings ClarityOnce you start blogging regularly, you'll quickly realize that it can clarify what you're good at and what your readers respond to. Lisa quickly realized that she was constantly talking about organizing paperwork, and her audience really responded. A bonus of this is that Lisa ranks really high in Google for terms related to organizing paper because no one talks about it! People discuss going paperless or they simply pretend all that paper doesn't exist. Lisa has dug deep when it comes to organizing paper. Here's what she recommends:
A Simple Method for Efficient BloggingWhen Lisa started blogging in January of 2012, all she knew was that she needed to be consistent, she needed to have a niche, and she needed to create content. She came up with the idea of a series in order to be consistent and help others get organized right along with her. The challenge is called: 40 Weeks, One Whole House. Lisa divided her house into 40 zones, and she tackled a different zone each week. The next year, Lisa did the challenge with her readers again, but this time she hired a professional photographer to take better photos of her work. The year after that, Lisa did the 40-week challenge again but this time she added a podcast so her readers could hear her talking as though she was right there with them helping them organize their homes. Sarah and I both LOVED this genius strategy of creating awesome, helpful content but just adding a bit more each year. Lisa says there are only so many ways you can organize a laundry room. So rather than write 16 fluffy blog posts on the topic, she writes one killer post that motivates her readers to take action. Paying for Emails?This year, Lisa decided to offer her 40-week challenge as an email auto-responder series as an added help for her readers. The problem was, she was using Mailchimp, and when she received new participants, they could start at week 1, but they couldn't skip ahead and join the whole group of challengers if they wanted to. Because Infusionsoft is quite expensive, Lisa knew she had to justify this expense. She charges a one-time fee of $40 for the 40-week email series. Once you pay for the series, you'll get it forever until you unsubscribe. Bloggers can Sell on Etsy too!Lisa's not a handmade maven, but she does have a lot of digital products (and a physical one now too!) that she wanted to sell all in one place. Lisa decided to open an Etsy shop as the hub for her products. If you're a blogger struggling to create a beautiful storefront for your products, consider opening an Etsy shop and linking right to it from your blog. It's so easy to get started, and Etsy makes the shopper experience a bit more user-friendly and streamlined than many of the cheaper apps you could use on your own site. If you're a coach or expert in a given field, Etsy can be the perfect place to make more passive income. Lisa took all of her coaching and teaching knowledge and turned it into digital products. Not everyone can afford to use her as a coach, and not everyone lives close enough to have Lisa organize their home in person, but with digital products and Etsy, Lisa can serve her audience in more ways. Lisa's AppLisa is always looking for ways to better serve her audience and make life easier for them. In the Spring of 2015, she decided to have an app developed for her 40-week organizing challenge. Lisa paid $2,000 for the app and pays $50/month for hosting. Her app is available for both android and ios. Inside the app, Lisa's challengers can find the podcast and blog post related to that week's challenge without searching and without being distracted by all the other content on her site. The coolest thing about this app? Lisa can send out push notifications whenever she wants! She can tell people, "hey it's week four, tell me if you're going to sell or donate your items this week!" Their app will show a red circle to let them know there's something new to see. From the app, Lisa's challengers can link straight into her Facebook group and chat with each other. LIsa says, "it's so hard to organize your house by yourself. The community aspect really helps." How's the app going? Lisa says she has about 3,000 users right now, and they're equally split between android and ios. She's still not sure if the app itself will be a revenue generator or not. At this point, she doesn't charge for it. Right now, the app is just serving her current audience better and allowing her to connect with them in a new way. Lisa believes that all of the 3,000 users were people who were already on her email list or listening to her podcast. They haven't found her organically at this point, but the app has only been out for 6 weeks. We can't wait to see how the app continues to grow and serve her audience! What a cool idea! Lisa's Awesome Mom MomentWhen your teenage son respects what you do, you know you're on the right track! Tune in to hear what Lisa's son told her recently! Stay in Touch with Lisa!Lisa has created a special page just for Brilliant Business Moms Listeners. It has the Sunday basket printables to help you organize your week and a checklist for anyone interested in becoming a professional organizer. Other links mentioned in the episode: Our super secret freebies page for our email subscribers.
Direct download: Episode2010920Lisa20Woodruff_mixdown20final.mp3
Category:general -- posted at: 12:20am EDT |
Tue, 29 September 2015
What if you could create beautiful photos... of 100 products...in minutes? No, you're not dreaming! Using Photoshop and Smart Objects makes it possible. Sarah Guillot has worked with these tools for years as a User Experience Architect (how cool does that job sound?!) and now she has her own side gig helping Mamapreneurs like you and me use Photoshop for business to make our lives easier and faster. On the Podcast00:52 - Architecture for Users Architecture for UsersIn October of 2014, Sarah Guillot launched her first side gig. But she's still working full time during the day as a User Experience Architect (UX Architect for short) Essentially, Sarah helps big companies like Microsoft, Amazon, and GoDaddy figure out how to create the best possible experience for users traveling through their website. She works on user flows, wire frames (a demonstration of how a website will look and function) and works on landing pages to optimize them for sales or other conversions. Despite her brilliant day job and experience with the online world, Sarah says she had all sorts of fears that held her back when it came to starting her own business. There were so many unknowns she'd never dealt with before - getting a business license, figuring out taxes, and lots of other little details. In October of 2014 Sarah purchased an online course for writing and publishing e-books. She followed it step-by-step until she learned about marketing her book and getting reviews. Unfortunately, Sarah felt that the course creator was encouraging her to get reviews in a way she thought was unethical. So Sarah didn't have the huge book launch she wanted, but she did get her books out into the world. After that iffy experience, Sarah shifted directions and started making printables in the Fall of 2014. She thought it was the perfect time to jump on board since everyone would be buying Christmas printables to decorate their homes. Despite her best efforts, over the next six months Sarah wasn't getting much traction on her printable sales. The niche is so crowded already, and there are many beautiful ones available for free online. Sarah realized she'd have to drive a ton of traffic to her shop to really make a living selling printables. In the meantime, Sarah realized there was a big problem in her niche that she could solve! (Ever notice how the path to business success isn't always straight and smooth? Sometimes it takes a bit of trial and error to find the right niche, or a problem that demands a solution. Don't give up, Brilliant Business Mom!) Solving a Real Problem Inside a Make-Believe WorldWhen Sarah was setting up her printables shop, she used Photoshop to make mock-ups so she could quickly and easily show case her printables. Sarah quickly realized that there are many Etsy sellers in all sorts of field who can benefit from mock-ups to showcase their work in a realistic way. So What's a Mock-up? A mock-up means taking an image, such as a frame, mug, book, or t-shirt (often with beautiful props alongside it!) and putting your digital design right onto that image to show how your designs or creations will look in real life. Mock-ups are perfect for T-shirt designers or drinkware designers who don't want to do a photo shoot for every new design they create. They use their digital design (without even making the product) and place it onto the beautifully styled photography scene. Not all Mock-ups are Made EqualSarah looked around at the styled stock photos currently available and realized there was a big gap for sellers who create more unique items. There aren't nearly as many mock-ups for products that don't go into a frame. Mason Jar Mug sellers, glass sellers, mug sellers, and other vinyl decal sellers didn't have as many beautiful photos to choose from, and if they did find a great photo, they weren't sure how to get their designs into the photo and have them look natural. One great way Sarah researched this niche and knew which problem to solve was by participating and listening in many Facebook groups. Sarah joined many groups for Etsy sellers and noticed that 5-10 people every day were asking about mock-ups. They'd wonder, "How do I make a mock-up? What are mock-ups good for? Who can find styled stock photos that fit my product?" Sarah began solving their problems and answering their questions by recording Youtube tutorial videos and posting them on her blog. Finally, Sarah created a Mock-up Design Essentials Course. The course has short videos that add up to about an hour of tutorials along with photoshop template files that have pre-styled scenes. The Differentiator Sarah differentiates herself from other styled stock photo sellers in two key ways.
What Makes an Object Smart?So... we're pretty sure these objects in photoshop don't have an IQ of 145. What makes them smart? If you have a styled scene full of cute little desk accessories and you want to lay your printable (pretty piece of paper in digital form) on top of a desk, this is very tricky to do because the angle of the image will be quite different than your flat-rectangled printable. You'll have to stretch, tweak, and mess with Photoshop for a while to get your printable design to look just right laying on the desk in the photo. But that's not the case if you turn that piece of paper into a smart object. THEN, adding your printable design to the desk goes like this:
Smart objects are perfect in this instance for two reasons.
An added benefit to using smart objects: You can also use one smart across multiple Photoshop files. So then, if that object needs to be changed, Photoshop will automatically change all the other files that include that object for you. Again, let's use an example so this makes more sense! If you're designing a website with a team of people and everyone is using the same header. (It's a smart object) Then one day someone says "we're going to change the header color" The team doesn't have to go in and edit 100 files that all include that header. They simply change the smart object for the header, and all the other files are automatically updated. (Is it just me or does that sound amazing?!) To create a smart object, take that layer you want to turn into a smart object and save it as a.psb (This is the extension for a smart object versus .psd which is the typical photoshop file extension.) For more help, you can check out all of Sarah's free video tutorials right here. (If you're wondering if Adobe is worth the price, you should know that you can get a 1 month free trial, and after that you can get Photoshop and Lightroom for $10/month. We're not affiliates, we just use Adobe products regularly. Check out our interview with Kim VanSlambrook to hear how she uses Lightroom to save her loads of time when she takes real product photos.) Photoshop PerksSo how does Photoshop stack up to the other great photo editing tools out there, like Canva and Picmonkey? Sarah hasn't used Picmonkey in a while, but Beth Anne says adding your own fonts is easy, and arranging transparent pngs to get the perfect graphic design is a cinch. Canva is great for typography. They have so many creative templates that you can plug your headlines into. They also have social media image sizes ready to go so you can save time. Photoshop has some unique features that you can't find anywhere else. For one thing, their color correction tools are powerful, and you can color correct just one aspect of your photo while leaving everything else the same. Working with layers in photoshop also means you can customize which aspect of your photo you edit, and you can shift layers around (like the png overlays I use in picmonkey). Photoshop has powerful editing tools for other aspects of a photo as well, such as smoothing out blemishes, adding shadows, or erasing something. Adobe products also work nicely together, so if you use Illustrator for graphic design, you can drag layers over into Photoshop for more editing. If you're not sold yet, Smart Objects will put you over the edge. No other photo editing tool on the market can so quickly and easily take your design and place it perfectly on the right object in a photo. Help for Photoshop NewbiesSarah Korhnak mentioned in the interview that she probably wouldn't give Photoshop a try, because it just seemed way too complicated, and Picmonkey works great for her! But... she may have been persuaded. Sarah Guillot says the beauty of Photoshop is that you don't have to know how to use every single feature in order to benefit from the program. Sarah's course teaches sellers just what they need to know. You can get started and save yourself tons of time while simply ignoring the 100 other tools that you don't need at the moment. For her course, Sarah focuses on helping sellers get their designs out the Silhouette program and into Photoshop, how to add those design to your smart object, and how to change colors, shift objects around in the mock-up scene. Silhouette StudioOne of the most common groups of people who can benefit from Photoshop Mock-ups are those designers who use a Silhouette. What exactly is Silhouette, and what can it do? Silhouette Studio is the name of the design program that accompanies Silhouette printers. The Silhouette Cameo is a printer that can print 12 by 12 inch sheets of vinyl designs, stickers, or other items. The Silhouette Portrait is a smaller printer that can work with letter-sized sheets of material. A Silhouette costs about $200 to $250 for the machine and a few tools to print designs. Sunshine Sticker Co.One of the things we love about Brilliant Business Moms are the genuine friendships we make with brilliant women who are growing businesses. Our private Facebook group is such a positive, encouraging place, and for many women, it can be a jumping off point for developing their own masterminds or partnerships. Sarah Guillot and Ashley Monda met through our private Facebook group and teamed up with a few other women to form a Mastermind. They hold weekly Google Hangouts to encourage each other. When Sarah came up with her idea to help Etsy sellers with photography mock-ups, she turned to Ashley for feedback, because Ashley uses her Silhouette often to make party supplies. After getting to know each other well, they both came up with the idea to get into the planner sticker market. (Planner stickers are huge these days!) Sarah could bring her design skills to the table, and Ashley could print and ship the stickers. The more these ladies researched their new idea, the more excited they got. They got together on Google hangout and said, "Wait... are we really going to do this?" The answer...."Yes!" Sarah and Ashley have never met in person, but their planner sticker business, Sunshine Sticker Co. has already launched! Sarah says she already knew Ashley well and developed a friendship with her. She knows all about her family, her business, and she knew Ashley had a great work ethic. They both live in Washington state, so in-person meetings are possible down the road. We're so excited for Ashley and Sarah and can't wait to see how their business grows! It's only a SeasonSarah is in an interesting place right now when it comes to combining business and motherhood. She's still working full-time, and she's also working like crazy to grow her new businesses. She doesn't want to work 40 hours a week for someone else forever, but.... right now she's working 80 hours per week trying to grow her biz and work her day job! Sarah is often up past midnight working hard on her business. She says it's a lot of juggling, and some days it just feels like way too much to take on. But Sarah is keeping the end goal in mind. It's just a season, and working 80 hours per week isn't the way her life will run forever. (You got this, Sarah! We can't wait to see you kiss that day job goodbye!) The Preferred Podcast for 5-7 Year-Olds!This funny mom moment made our day! Sarah says she listens to a lot of podcasts while she drives her girls to school. Among her favorites are Pat Flynn, Flipped Lifestyle, and Brilliant Business Moms. She didn't realize how much her girls were paying attention to what was said until one of them asked if she could start a business someday. Sarah said, "Sure!" Here comes the best part: Sarah turned on Pat Flynn one day and her daughter said, "I want to listen to that other podcast ..you know ..the mom podcast!" Pat Flynn, we love you, but apparently Brilliant Business Moms is a little more popular among the elementary school crowd :) (Pssst - that's not the first time we've been requested by little kiddos. Cheri Tracy's girls love us too. How fun!) Stay in Touch with Sarah!SarahDesign.com
Direct download: Episode2010820Sarah20Guilliot_mixdown20final.mp3
Category:general -- posted at: 4:06am EDT |
Thu, 24 September 2015
Doing your business taxes can be a bit overwhelming. So many boxes...so many terms you've never heard before! Once you understand the accounting terms that the IRS uses, your taxes will feel way more manageable. Let's take a brief moment to discuss the fun accounting terms of Asset and Depreciation. These words come up a lot, especially as they relate to your tax return. This year when the IRS comes knocking, you'll be ready. A few big vocabulary words can't scare us away! ExpensesIn your business, most of your purchases are expenses. An expense is something that gets used up rather quickly and therefore the benefit is used up quickly. Some examples are ink and paper. You buy them, and they get used up - they are expenses. (FYI - we're not talking inventory and Cost of Good Sold here. We'll discuss that at a later date.) AssetsSometimes when you make a purchase it's not an expense, its actually an asset. An asset is something where the usefulness is used up over the course of several years. It provides a benefit over a longer period of time. Examples include equipment, a camera, or a computer. As an example, when you purchase a camera and use it to take product photos, it's providing a benefit to you over the course of much more than just one year. That's the difference between an asset and an expense. Does the purchase benefit you over the course of a long period of time? An asset will help you continue to earn revenue over the course of several years. Matching Revenues and ExpensesIn accounting rules, revenue and its associated expenses should be recorded in the same period. This is called matching. Let's say you purchased a camera and recorded the entire purchase as an expense in the year you purchased it -- 2015. But the camera helps you earn money in 2015, 2016, 2017, 2018, 2019 . . . a long time. So the expense and the revenue aren't matched up together. You've got revenue produced by the camera recorded over the course of several years, but the expense of the camera is only recorded in one year. The revenue and expense are not matched. Matching is a very important acconting principle, the revenue and associated expense need to be matched together. This is where depreciation comes into play. The way you get the revenue and expense to match up, is to depreciate that asset over the course of several years. DepreciationLets say you bought a $5,000 computer, that expense needs to spread out over how long you think you will have that computer. In other words, The expense needs to spread over the computer's useful life - the period of time that it will be of benefit to you. Often for small equipment that's 3-5 years. Let's say you think the computer will last you 5 years, (i.e. it has a useful life of 5 years) you take $5,000/5 years=$1,000 of depreciation you should take each year on that computer. In this way you are spreading out the expense to match the revenue you earn in future years. Depreciation also serves to show that the asset you purchased is losing value every year. Let's say you are a florist who purchased a vehicle to deliver flowers. It's only used for business. You purchased the vehicle for $20,000 and you think it will last you for 10 years, so that's $2,000 of depreciation every year. The car is helping you earn your revenue over the course of 10 years. When you take that depreciation each year, you can see that that car is losing value every year. After the first year of depreciation the asset is valued at $18,000, after the second year $16,000, and so on. That makes sense in our heads. A car loses value every year. As the years go on, your asset is losing value. Depreciation shows that declining value. Related TermsOther related terms you may have heard are long term asset, fixed asset, or capitalized. This is similar terminiology to describe similar things. When you hear someone say they are capitalizing an expense, it just means that they are treating it as an asset. That capitalized expense is actually an asset to their business, not an expense. Any questions? Leave me a comment and I'll answer your question to the best of my ability! Sarah
Direct download: Episode2010720Assets20and20Depreciation20final.mp3
Category:general -- posted at: 9:48am EDT |
Tue, 22 September 2015
What happens when you combine an engineering degree with a talent for sewing? A beautiful business full of well-made products and streamlined processes is created! Kim VanSlambrook is the solopreneur behind Lucy Jane Totes. What started out as a creative solution to a problem she faced quickly morphed into a beautiful business. Kim has moved her business across states and made some risky choices in the face of parenting two twin boys. Sarah and I especially love the way Kim's engineering brain has developed a streamlined system for taking gorgeous, cohesive photos. Stay tuned to the end so you won't miss all of her photography tips! On the Podcast 01:13 - Engineer meets Maker Press Play on the Podcast Player Below to Hear from Kim! Engineer meets Maker Kim has a civil engineering degree from Purdue University with an emphasis in structural design. But once she became a mom to twin boys, she put that engineering background to use in other ways. She had a problem that desperately needed a solution: her boys were too thin for their pants, and the only belt she could find was $18 at Janie and Jack. That didn't fly with Kim. She knew she could create something better for less. She got to work, and soon her friends were asking her to make belts for them too. Kim then used her structural design background to reverse engineer a bag in larger proportions for moms on the go. Kim found that the current tote bags on the market just didn't have enough space or durability to work for her. As she solved her own problem, once again, she had customers waiting to buy totes from her too. Lucy Jane Totes was born, and Kim absolutely loves her business because she can work from anywhere. Her husband is also a civil engineer who works on bridge design. His job moves often because he has to go where the big bridge projects are, so in just five years' time, their boys had already lived in 5 cities and 3 states. Lucy Jane Totes also gives Kim a sense of identity. No matter where she lives or how new and out of place she may feel, she has her business as a constant to fall back on. Ruthlessly Eliminate! Kim's business started with local sales. This was a great confidence booster for her, and made her realize she could make a go of selling products online. She started her Etsy shop several years ago, and initially, it was a hodge podge of items - pillowcase dresses, nursing covers, and tote bags, among other things. Kim chose to focus on her tote bags and make that her business. In the process, she eliminated all the other random items in her shop. This was an especially risky and difficult decision, because at the time, Kim's nursing covers were being featured in Pregnancy and Newborn Magazine! However, Kim had to streamline for a few reasons:
Kim says when she ruthlessly eliminated other products, her sales took off! Deciding on a "Look" Kim's advice on choosing your brand identity is to determine what you want your overall "look" to be for your products and business. As creatives and makers, it's easy to find new fabrics or product ideas that we just LOVE, but if it doesn't work together with the other items in your shop, you just shouldn't include it. Every new product you add needs to fit with your brand. Kim's husband always reminds her that the most successful restaurants tend to have focused, small menus. It should be the same way with a handmade business. Kim's Risky Move Kim made another risky move in her business not long after deciding on her brand identity. She closed her shop for an entire year! The business was rolling along. She was getting a lot of sales and good publicity, but because she didn't have good child care for her boys, her work time was falling from 8-midnight each night. Kim admitted that she started turning into "mean mommy. " She wasn't getting enough sleep and she felt pulled in every direction. Kim asked herself, "what will I regret the most?" She knew that she would regret pushing hard on her business at the expense of her kids and family. Her relationship with her kids and husband matters most - so she took a break from the biz and just focused on them. A year later, the boys were starting school and Kim's schedule was better. She got back to work on Lucy Jane Totes and says it was a great decision! She returned to her business with a new energy and focus on where she wanted things to go. Why Kim is the CEO and COO Kim hasn't outsourced very much in her business, and part of this is because she didn't have the best experience when she tried. Last year, Kim set up her own website using the Shopify platform. Initially, she hired someone to create an e-commerce site for her, but it turned into a bit of a disaster because Kim had a very clear vision for how she wanted her site to look. (After all, she had refined her branding and knew what her business was all about!) The project was so far along that Kim ended up paying for a site that she never used. That was her lesson. She loves learning , and she's not intimated by googling until she can figure out how to add a new piece of code. So Kim uses a template from Shopify and changes aspects of the template to suit her brand. By being her own COO, she can ensure that her vision comes to life. Etsy versus Shopify Etsy has changed a lot since it first began. It's now much easier to sell items that are far from handmade on the site, and for this reason, it's a bit discouraging for a true handmade seller like Kim. There are plenty of tote bags on the site that were purchased wholesale from China and a monogram was added. Kim creates her bags from start to finish. Potential customers even write to Kim to tell her that they can get a bag like hers for less money! On the other hand, Etsy is great for getting traffic into your shop, and great for getting found via search engines and via Etsy search. It's hard to get the same level of traffic on a brand new site of your own. But, it will take time for Kim to build up the same level of traffic and customers that she gets from Etsy. It's a balancing act, and at this point, she wants to keep both shops open. How to Get Found Kim gets more consistent sales from Etsy because of the sheer volume of shoppers searching there and being able to optimize her listings for SEO. But if an influencer is talking about her items on social media, they'll link right to her own site and she'll see a spike in sales. Kim also uses her business social media accounts to point people to her own site versus Etsy. Kim also gets found quite often via Google image searches. Both her Etsy listings and her blog photos get found this way. Kim actually got an order from the Estee Lauder companies to use her tote bags for a sales meeting, and they found her Etsy shop via Google image search! Working on the Business One of Kim's biggest goals is to increase traffic and sales on her Shopify site, but it's difficult to do when she's still the person sewing all of her bags. She knows that in order to grow, she'll need to hire someone to help with the sewing so she can work on the business more and in the business less. It's a difficult task to find someone who will do the job well, because Kim is very particular. She creates quality products that will last for years so she has to find an employee with the same high standards and skill level. She knows that outsourcing will be worth it in the end, but the first step is the hardest! Instagram vs Pinterest vs Facebook - It's War! Ok, so the headline was just for fun. It's really not war between these social networks. Kim finds them all useful for different things, and we have to agree! Instagram: Kim is most active here. She's a visual person and she loves turning her Instagram feed into a board of inspiration. Instagram also lets Kim have more interaction with her customers and followers versus Pinterest, where people don't chat very often. Pinterest: Kim loves Pinterest for its ability to take photos of her work and make them spread. She once had a photo from her blog on a kitchen storage project that got featured on Apartment Therapy! That pin has been re-pinned thousands of times and still brings her steady Pinterest traffic. Blogging for Business Keeping up with a blog while running a handmade business is hard, but Kim has a clear goal with her blog: Keep content fresh enough that when someone new stops by her site, they know she's a real and active business. From there, Kim makes it really easy for a blog visitor to head to her shop or follow her on social media where she has time to post more often. Kim posts about shop updates, a bit about family life, and crafty tutorials or photography tips. If she had unlimited time, Kim says her focus would be on more DIY tutorials, sewing projects, and home projects. Blog Ideas for Handmade Business Owners:
My name is Who, my name is What? Sorry for the Slim Shady reference, I couldn't resist! Just like Sarah and I couldn't resist asking how Lucy Jane Totes got its name. It's such a cute name... but its owner's name is.... Kim? The story behind Lucy Jane is really sweet. Kim and her husband originally planned to have a whole slew of kids, but with twin boys and a tough pregnancy, they decided they were quite content with two healthy kids. They knew if they ever had a girl they would name her Lucy Jane. Jane is Kim's mom's name, and she's been a big source of inspiration in Kim's life. When they realized they likely wouldn't ever have a girl, they named the business Lucy Jane instead. The Creative Process After talking about Kim's business name, this launched us into a conversation on the doubts that creep into all of our minds when we pursue something creative. When an idea first strikes you think, "Oh my gosh this is the best thing ever!" Then the next day you'll think, "Oh my gosh this is the worst thing!" Then a few days later you'll think, "Oh this is really good!" Isn't that the truth? When Kim designs bags or new products, she likes to make one, step back for a bit, then re-examine who work to figure out if she really likes it or not. Kim Takes all her Own Photos...of herself? Sarah and I were dying to know how Kim gets such great photos of her bags! And... most of those photos have her in them holding the bags and showing them off. (Seriously, if you haven't clicked over to Kim's site yet, now's the time to do it... her photos are amazing.) So how does Kim manage to take all her own photos... while she's in them?!
Gorgeous photos and cohesive look... DONE! Kim says she used to take all the photos at once then sit down at her computer to edit only to find out that something was off. Now she saves herself loads of time by seeing the photos on the computer immediately and making adjustments before she takes too many photos that aren't right. So... what's a tether? To start a tether, just use the mini USB port to connect your camera directly to your computer . Kim's other Killer Tool: Dropbox. Kim exports her photos as a square to dropbox, so that way she's ready to upload them to her website or use them on Instagram. To Photoshop or not to Photoshop: Kim says she struggles with Photoshop because she has a tendency to over-edit, and in the end, she doesn't even remember what the photo was supposed to look like! Wow! I'm so impressed with the way Kim streamlines her photography process. It's obvious that she's got things down pat because her site and her Instagram feed are just filled with beautiful, creative photos of her products. Kim's Adorable Mom Moment You'll have to tune in to hear how Kim's son Teddy is creating his own "department" within her business - so cute! Stay in Touch with Kim!
Direct download: Episode2010620Kim20VanSlambrook20final.mp3
Category:general -- posted at: 3:30am EDT |
Thu, 17 September 2015
The Home Office tax deduction is a topic that people often have questions about. Find out today whether you qualify for a Home Office tax deduction and how you can calculate it. The information presented in this episode is derived from IRS Publication 587. When determining if you qualify for a home office tax deduction, the main question to ask yourself is, "Do I regularly use part of my home exclusively for conducting business?" ExclusivelyIn order to qualify for a home office tax deduction, the IRS stipulates that you cannot use the space for both business and personal purposes, it must only be used for business purposes. If you have a home office, you can only use it for the business to qualify for the tax deduction. I personally have half of my basement that I use exclusively for our Amateur Naturalist Etsy shop. This portion of my basement houses all of our inventory and packaging supplies and it's where I process all of our orders. I don't use that portion of my basement for anything else but our Amateur Naturalist Etsy shop, so it meets the exclusivity test. Let's say you are a food blogger, your kitchen does not qualify for a business use of your home tax deduction because you are using your kitchen for both personal and business activities. Now if you were a really wealthy food blogger and you had two kitchens in your house, and you used one exclusively to make and test your food blog recipes, then that second kitchen would qualify for a home office tax deduction. For Brilliant Business Moms I do most of my work at the kitchen table or the family room couch. Because the kitchen table and couch are not exclusively used for the business, those areas of my house don't qualify for a tax deduction. An area of your home that you use to story business inventory does count for the business use of your home tax deduction. RegularlyIf you have an area that you use exclusively for your business, you must also use that area regularly in order to qualify for the business use of your home tax deduction. It can't be an area of your home that you only occasionally use for the business. Principal Place of BusinessThe IRS also stipulates that your home must be your principal place of business in order to take the home office tax deduction. As bloggers and Etsy sellers this is almost always the case. There are two methods you can choose from when calculating the amount of your tax deduction. Actual Expenses MethodThere are two methods to choose from for calculating your tax deduction. The first is called the Actual Expenses method. Calculate the square footage of the business use part of your home, lets say its a 10x10 area, or 100 square feet. Next determine the square footage of your entire house, lets assume you have a 1,000 square foot home. Lastly, calculate the percentage used for business purposes so for our example 100/1,000=10% of the home is used for business purposes. A portion of the expenses involved in owning and maintaining your home can be counted as a business tax deduction. In the case of our example, 10% of Real Estate Taxes, Insurance, Mortgage Interest, Utilities, Depreciation, etc. can be counted as a home office tax deduction. These are called Indirect Expenses. There can also be direct expenses. If you have to paint or repair the business portion of your house, then the entire cost to repair or maintain that area is a business expense, not just a portion. However if you are repairing or maintaining other parts of your home, those expenses are unrelated, and not even a portion can be taken as a business expense. For instance if you paint or repair your kitchen, you can't claim even a portion of that as a business expense, those costs are unrelated to the business portion of your home. If you choose the Actual Expenses method, you'll need to complete Form 8829. I know this all seems confusing, but keep in mind that you'll be using a tax professional or tax software to complete your tax return. The tax program will walk you through these steps and complete this form for you. You just need to know to check that box that yes, you do qualify for a home office/business use of your home deduction. There are limits on how much home office deduction you can take based on your business profits for the year. These limits are also calculated on Form 8829. The tax program will also adjust your Schedule A itemized deductions for the portion of certain items (such as Real Estate taxes) you take as a business deduction. The IRS is not going to let you double dip and count the same expenses twice. The Easy MethodYes, there really is an easy method, and it's actually easy! Begin by calculating the square footage of the business use of your home. Lets use our 10x10 foot example, 100 square feet. Multiple the business square footage by $5 to determine your tax deduction. So in our example that's a $500 tax deduction. The maximum deduction for the easy method is 300 square feet or $1,500. Isn't that easy? All of this is right on Schedule C. There is a gross income limitation on the easy method. If you don't have enough profit to cover the business use of your home tax deduction, you're not going to be able to take it in that year. So if you profit was only $100, you can only take up to $100 of a home office tax deduction. All of our episodes on taxes and accounting will be pinned to our Small Business Accounting and Tax Help Pinterest board. Be Brilliant, Sarah (Caveat, this information is meant to be a tax guide not a tax authority. Consider your own unique tax situation when you complete your tax return and consult with a tax professional who knows your unique situation.)
Direct download: Episode2010520Home20Office20Tax20Deduction20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 15 September 2015
Do you have a skill that you'd love to teach to others? Or maybe you just love connecting brilliant women in business with each other and with new customers. In addition to selling handmade purses, Angie Gordon does both of these things. She teaches classes locally on how to open and grow an Etsy shop, and she created the Handmade Chic Artist's Fair - a twice-annual event for handmade sellers to showcase and sell their items. Plus, I have to say, this conversation was one of the quirkiest and most fun we've had yet! You'll have to press play below to see what I mean! On the Podcast01:19 - The Road Less Patterned Press Play on the Podcast Player Below to Hear Angie's StoryThe Road Less PatternedAngie got her start making purses quite a few years ago. She and a friend decided they wanted to make themselves bag. They found a pattern and tried their hand at sewing. Angie quickly discovered that she hates using patterns! From the lingo to the little pieces to cut out and match together, Angie finds the process tedious and strange. So, she designs her purses in her head and comes up with a process all her own. As Angie started wearing her bags, friends at school and church would ask for one. The business started to grow and spread organically, and all of a sudden, people she didn't know were asking for her bags. And once again, it was a friend who introduced Angie to Etsy! She started selling there in 2010. Encouragement for New Etsy SellersAngie helps many brand new Etsy sellers get their shops off the ground with her classes, and one of the biggest misconception about selling online that she sees is that people assume if they simply put their work out there, people will come. Selling online simply doesn't work that easily. You have to spend a lot of time and work hard to get found and get sales. And you need a lot of patience too! The hardest part of selling on Etsy is getting noticed initially and getting your first few sales. But if you take a few minutes away from making your craft and figure out how to take great pictures, work on your listings to come up with the best tags and titles, and get your name out into the world with some marketing strategies, you'll start to see results. "Don't give up!" Angie says. She's in several Facebook groups for handmade sellers, and she sees so many of them get discouraged really quickly. Angie didn't grow her business overnight - it took several years to get a steady stream of sales. Coffee + Etsy = Perfection!A few years ago, Angie started teaching workshops on how to get started selling on Etsy. Once again, the people found Angie! Friends and family would send emails and Facebook messages asking if she could help them get their shop started. But Angie didn't have an hour to spend with each person who asked. A friend suggested that Angie gather a whole group of newbies and teach classes on Etsy. She found a coffee shop that let her use a room and a projector for free! Lessons Learned from Teaching Angie's first workshop was 2.5 hours long, very comprehensive, and when she finished, she saw nothing but deer in headlights! She made sure the next class was smaller, and they started at the very beginning of opening their shops. writing their policies, creating an about page, and figuring our shipping. The women there literally brought out their laptops or ipads and got to work on their shops while Angie circulated around the room to help. Angie answered questions as they came up, and everyone left feeling equipped to open their first Etsy shop! Advertising + PricingAngie started a Sheboygen, Wisconsin Etsy Sellers Facebook group, so she posts to the group when she's hosting a class. This alone, has been enough for Angie to fill her classes! Angie charges just $20 per person for each class. She wants to keep it affordable for brand new sellers, but the small amount of money she makes helps to compensate her for her time. Angie says that she spends the better part of a Thursday before class immersing herself in the topic she's teaching on, and putting together folders full of printed materials that everyone can take home. (Angie's so nice she even buys the ladies a cup of coffee for the class!) Is Teaching a Business Strategy?We were curious about whether teaching classes is something Angie views as part of her business, or just something she does to be generous to new sellers. Angie considers her classes a hobby with benefits! She absolutely loves teaching, and she gets so excited when she has a class scheduled, but the small income she makes from classes is definitely not the meat and potatoes of her business. For any women out there who may be considering starting their own classes, you should know that there are other ways you could do them. Angie chooses to make hers informal, but you could get in touch with your local Chamber of Commerce, or you could suggest that you teach a class to your local Community or Public College! You don't have to teach about business - you could teach about your craft or hobby. You could even host a one-day conference on your field of expertise! Expert EnoughIt's easy to get excited about the idea of teaching others, but quickly count ourselves out because we don't think we're expert enough to do it. Sarah and I say "you're expert enough!" There is always someone a few steps behind you that you can teach. And Angie admits that she still doesn't know everything, but she teaches what she does know. And some of the things she teaches took her years to figure out! She loves passing along what she's learned and giving someone else a shortcut. There's also value in learning from someone who's only a few steps ahead versus five thousand steps. That person who is miles in front of you may not remember what it was like at the starting line. They tend to gloss over the beginning and simplify the process of getting started. The person just a few steps ahead well remembers what it was like, and all the exact steps she took to get where she is today. Angie saw an illustration the other day that serves as encouragement: There's a guy running really slow, but he says, "I'm lapping everybody on the couch." Handmade ChicAngie seems to have a trend of jumping into something fun that a friend suggested, and then later turning it into a something big! About 7 years ago Angie did a house party in her home to sell her purses. She hosted the party in November, and this time, she invited a few other maker friends to come and sell too. The night went so well for the sellers that it became a tradition. After the second year, people started calling Angie and asking if they could be a part of it! 4 years ago, Angie had 14 people sell in her home, and 70 people walking through during a 2-hour timespan! 2 years ago, Angie and her family moved into an older home with a less open floor plan, the November event had 80 visitors who were shoulder to shoulder, so she had to find a bigger place! Angie moved Handmade Chic to the coffee shop where she had been teaching classes. The coffee shop was so generous - letting Angie and the makers take over the entire shop, and even helping her advertise. She tried Handmade Chic in the summer to test out how it would go in the shop, and then they did it again in November. During the first summer event in the shop, they had 85 come through on a Saturday morning.
Recently, Angie did another summer show at the coffee shop, and this time, she took applications and branded it as Handmade Chic Artist's Fair. It's official! Angie has been very intentional in branding her event as exclusively handmade items. Handmade Chic has a problem, though, they're outgrowing the coffee shop! It's a good problem to have, and Angie is fervently looking for a bigger space for this year's show. Craft Show FeesAngie charges just $35 for a 5 by 5 foot space inside the coffee shop, because they're very limited on space! But outside, a vendor can take a chance on the Wisconsin weather and pay just $20 for unlimited space. Craft Show AdvertisingWhen Angie first turned her November open house into an event, she would go on Vistaprint and make post cards. She mailed them out to everyone she knew and handed them out at school and church. To this day, people come to the show and thank Angie for sending out a post card! It may be old school, but that physical reminder can make a big difference for a local event. It goes up on the fridge, and people don't forget to come. Angie also orders plenty so that the other makers can hand out postcards as well. Welcoming guests to the event and offering a door prize serves another function too - they're able to get email addresses so they can let all the attendees know about the event for next year. Angie's local radio station advertises community events for free. They'll read them on air for a week or two leading up to an event. In addition, Angie hires someone to write an article about the event, and it gets published in local newspapers. Once again - free advertising for the fair! Building a ReputationBecause Angie has been very intentional in her branding of her craft show, she's building a good reputation that will help Handmade Chic grow from year to year. Friends love to tell others about which craft shows are great (and which ones stink!) Angie realized early on that visitors were coming just for the handmade items, and those with home party businesses didn't sell well. So she decided to make the show juried and only accept the right handmade sellers. Angie's recommendation for a juried show: Hire yourself a "Kim"! There's nothing more difficult than having to turn down friends and family who want to sell at your show. But if you leave the decision to someone else, you can tell your loved ones that it's out of your hands. :) How many hours (& cups of coffee!) does it take?We were curious about the number of hours it takes to plan and put on a craft show. On the list:
Angie says when she's not physically working on the craft show, she's thinking about it, but it's something she really looks forward to. The grossest of gross storyAngie described her funny mom moment in just that way! We'll leave it at that - you'll have to tune in to hear the crazy thing Angie's girls did when they were little. And shhh don't you dare tell them she shared this story on the podcast! Stay in touch with Angie!Gathered-Sown.com
Direct download: Episode2010420Angie20Gordon_mixdown20final.mp3
Category:general -- posted at: 12:41pm EDT |
Tue, 8 September 2015
Doesn't it seem like the best ideas for our business often come at the craziest times? Sarah and I started the podcast in the midst of Chris coming home from deployment, us leaving for a trip to Spain, and Sarah and her husband Mike re-doing their kitchen...themselves. Before that, our Etsy shop, The Amateur Naturalist launched just months before Chris and I brought Holden home from India. Rachel's business started in the midst of a crazy time as well. She had a newborn at home! And not long after Rowan was past the newborn stage, Rachel became pregnant with her second child. Learn how Rachel nurtures both a baby and a business - with incredible results on both fronts :) On the Podcast02:15 - Nurturing a Business and a Baby Press Play on the Podcast Player Below to Hear Rachel's Story Nurturing a Business and a Baby 4 Strategies for Exponential Growth 1 Year...Is it Enough? Fits & Spurts -a Realistic Strategy for Moms Making the Business More Passive Rule Breaker How to Schedule Life Around Baby and Business
Can a Solopreneur take Maternity Leave? The Question that Will Give your Business Clarity Rachel's Adorable Mom Moment Stay in touch with Rachel! Rachel's Books: Begin with a Blanket: Creative Play for Infants
Direct download: Episode2010320Rachel20Coley_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 1 September 2015
BAM! You found it! Your perfect business idea, along with the best name, logo, and tagline to go with it! You're pumped! You're ready to get out there and make some sales! But despite your best efforts, you end up with one unhappy customer among the thousands you've served. They're convinced you've ruined their life... and they're going for broke! On top of that, you've noticed a similar business in your niche that has the same company name and tagline. What's a small business owner to do?! No worries. Nellie Akalp has you covered. While registering as an LLC or Trademarking aspects of your business may not be first on your to-do list, Nellie shares why they're important issues to consider as soon as you know you have a viable business on your hands. On the Podcast01:15 - Nellie's Second Start-Up Press Play on the Podcast Player Below to hear from NellieNellie's Second Start-UpCorpNet is actually Nellie Akalp's second start-up! Her first business began in 1997 with her husband, Philip. They were in law school together and saw a need for an online business that provided entrepreneurs with legal filing help so they could get their businesses off the ground. Intuit acquired the Akalp's company in 2005, and after their three-year non-compete clause was up, the Akalps were still so passionate about helping entrepreneurs in this way that they started from scratch once again and founded CorpNet. Nellie and Philip have helped over half a million corporations and LLCs to get started by assisting with their document filing and streamlining the process of business formation for them. Do you have a Fictitious Business Name (We hope not!)If you've never taken steps to become an LLC (Limited Liability Company) or S-Corp, and you're not in a partnership, then you have a fictitious business name. The default business structure for a solopreneur is called a Sole Propietorship. Many businesses start out this way, but it's not wise to continue with this structure for very long. Essentially, a Sole Proprietorship allows you to do business under you own name, or a "fictitious business name". Filing this business type is called a "Doing Business As Filing" or "Fictitious Business Name Filing." So get rid of that fictitious business name, and structure your business as an LLC or S-Corp. (Note: You should always talk with an accountant and legal advisors. This article does not constitute either accounting or legal advice, but simply recommendations based on experience.) What are the Benefits of an LLC or S-Corp?The S-Corp or LLC are the best types of business entities for a small business owner to consider. Since laws vary from state-to-state, be sure to check with your accountant to determine which structure makes the most sense for you. The Benefits of an S-Corp
What are the Benefits of an LLC? Here's the best news of all! An LLC provides all the benefits of an S-Corp without all of the formalities required to file as an S-Corp. With an LLC, you have have your cake and eat it too. You get added tax benefits, additional legal protection, more privacy, and appear more legitimate in the eyes of the consumer. The only formality required for an LLC is to have an operating agreement that's executed by all of the members of the LLC and to file a yearly compliance document. What Good is a Trademark if there are Two Companies Called "Nike"?What is a trademark and why does it matter to you as a small business owner? A trademark is a word, phrase, symbol, or design or a combination of any of these that identifies the source of a product or service and distinguishes it from its competitors. Trademarks can be given for product names, company names, logos, and taglines.However, trademarks apply only to a particular category of goods and services. For example, Nike Inc. owns the swoosh mark on shoes, clothing, andsporting goods along with the name Nike and the phrase "Just do it" within the sporting goods category. However, there is also a Nike Corporation (a completely different company) who sells hydraulic lifting jacks and machinery. These two companies, both called Nike, can both exist because each is clearly distinguished within a particular category of goods and services - one in sporting goods and the other in hydraulic machinery. So what's the point of a Trademark if there can be two Nikes? A trademark keeps your brand ID safe so that no one else in the marketplace can use your name, logo, tag line, or combination of those for a similar product. Trademarks are still powerful, even though they only apply to a specific category or just a few categories. When should you Trademark? If you have a viable business name and you're planning on using it in more than one state, then trademarking your brand name and possibly logo and tag line should be done during your start of business checklist. You don't want others to dilute your brand name or logo by using it on similar products that didn't come from you. The Benefits of Registering a Trademark
Is Obtaining a Trademark Complicated and Expensive?Acquiring a Trademark can be a complicated process, but you don't have to have a lawyer to do it. However, a document filing service like CorpNet can help you along without all of the crazy expense that comes with hiring a lawyer. Below are the steps you'll go through to obtain a Trademark for your business.
This is where things may fall apart for the entrepreneur. If they're too busy and don't respond to requests for more information, the trademark application will expire and they will have wasted their application fees. Grab more information and answers to commonly asked questions about Trademarks. The $100 Investment that Turned into MillionsAfter snagging tons of technical advice from Nellie, we wanted to take things back a few years and find out what it was like to grow a start-up in 1997. Nellie was more than happy to share her story! One of the hottest trends at the time was starting a business online because the internet was booming. However, these bright-eyed, enthusiastic internet entrepreneurs often had no clue about the tedious work of filing as an LLC or S-Corp or getting Trademarks for their business. Nellie and Philip came up with the idea to help all of these start-ups with the legal filing they would need to bring their businesses to fruition. With a $100 investment, the Akalps acquired a domain name and started their business out of their 2- bedroom apartment. They worked day and night until they reached a substantial amount of sales. They were able to purchase their first home with their business, and then they acquired their own office space. The Akalps signed a non-compete clause that lasted for three years. But rather than get used to their (very!) early retirement, they decided to get right back into the business when their non-compete was up. Back to the FutureClearly, starting a business in 1997 is much different than starting a business in 2009. We were curious about the challenges of starting again. Nellie was very open about several challenges that confronted CorpNet in 2009. But clearly, she's pushed past all of them!
The Benefits of Starting in 2009
More than a Million Reasons to be ProudWe love to get inside the heads of the mamapreneurs we interview to find out what makes them tick. Out of everything they've accomplished, what are they most proud of? Nellie found it difficult to pinpoint just one thing considering everything she's done over the past 18 years, but she cited more than a million great reasons to be proud. Her company was acquired at an early age - Nellie was just 31 years old at the time, and she and her husband had built that company to be so successful that they became multi-millionaires when they sold it. (Yep, I'd say building a company to that level - along with helping many entrepreneurs along the way is certainly something to be proud of!) Nellie's Hilarious Mom MomentNellie's 4 year-old had us cracking up with one of her funny misunderstandings about how the world works. Seriously, this story is just too good! Tune in to hear it! Find Nellie's Business OnlineCorpnet.com
Direct download: Episode2010220Nellie20Akalp_mixdown20final.mp3
Category:general -- posted at: 3:25am EDT |
Tue, 25 August 2015
It seems like there's a new form of social media popping up every day. How do you decide which ones to invest in and which ones just aren't worth your time? Well, you may never know unless you test things! Cheri Tracy is a master at testing new forms of social media to see if they'll result in sales for her cosmetics business, Orglamix. But she tests in a way that doesn't consume her entire week. With as little as 15 minutes each week, Cheri can be active on a social media platform and see sales as a result. Find out where she's promoting her products and where she's seeing results - along with tons of other e-commerce tips! On the Podcast01:13 - The Business that Started on Bed Rest Press Play on the Podcast Player BelowThe Business that Started on Bed RestWhen Cheri was pregnant with her first daughter, she was on bed rest at the end of her pregnancy and bored out of her mind! She already had a business private-labeling cosmetics (buying existing formulas and putting your own branding on something to sell it.) but as she sat in bed, she started reading and researching all of the ingredients in the cosmetics. Some of them had 30-40 ingredients in them, and she didn't think they needed to be there. Cheri realized that she could build a better product. So she started Orglamix to create cruelty-free, natural cosmetics that felt more fun and glamorous than the current granola make-up brands in the marketplace. Cheri started out on Etsy, and sold there for several years. It was really slow in the beginning, but she kept at it and grew year after year. One year Cheri looked back and she had sold 10,000 units over the previous year! She thought, "I can do this! I have a business here!" As Cheri's business grew, it got to the point where she was working 80 hours per week to keep things going, and her husband was across the country for his job each week. She was overwhelmed, so she stopped everything and took 18 months off from Orglamix. Cheri just relaunched Orglamix on the Shopify platform a year ago, and it's been growing quickly! Why Shopify is Worth the PriceAfter trying several platforms such as a Wordpress plug-in that constantly crashed, and other e-commerce sites like Etsy and StoreEnvy, Cheri just can't get over how incredible Shopify is! Cheri was hesitant to try Shopify at first because of the cost. The base price is around $100/month, and that doesn't include other apps and features you may need. However, Cheri's so glad she took the plunge. It's simple and easy to use. Everything is pre-configured for you so that your site looks like a professional designer did it. But the wonderful thing is that Cheri can manage the entire site herself. The other huge benefit to using Shopify are the sheer volume of Apps that integrate with the platform that will make your job as a seller so much easier. Must-Have Apps for SellingCheri uses several Apps in conjunction with Shopify that help her e-commerce site to run smoothly. 1.) ShipStation. ShipStation can pull in shipping labels for orders from any platform that Cheri has integrated with it. Every morning she just pushes a few buttons and off her labels go to the printer. 2.) SEO Apps. Cheri uses several SEO apps that help her to get found in search more often. 3.) Email Marketing App. Cheri uses an app that's completely integrated with her site so that it can send out automatic emails if someone has a dropped shopping cart or if she wants to announce a new product. Cheri's biggest response is from a simple little email she sends out the day after someone makes their first purchase from Orglamix. She essentially says, "Hi I'm Cheri, this is my company, it's so nice to meet you! I'm super excited for you to try my products, and please reach out if you have any questions."Cheri gets about 25-50 responses back each week from people who are so excited to hear from her and have that personal touch! 4.) Receiptful . Receiptful sends an email that asks if the customer is happy with they're order. Then they can click to rate Orglamix. This rating system also helps Cheri to stave off any unhappy customers and resolve the issue quickly. Receiptful has another great feature. If a customer shares it with their friends, they get a coupon for $10 off their next purchase, and their friend does too. So how expensive are these fancy apps? Cheri says that the fees for most apps are quite minimal. Some are free and some are $6/month. Ship Station is the most expensive app and it costs $99/month. What is Wanelo?Of all the social media platforms that Cheri has tried over the past year, Wanelo has been one of the most effective sites for her. We completely understand the feeling of social media overwhelm! You likely feel like you just can't add another thing! Cheri gets that too, but what changed her mind were the traffic and sales that came rolling in without too much effort on her part. So what is Wanelo, exactly? Wanelo stands for Want, Need, Love, and Cheri says it's best described as a social marketplace. It's a way for shoppers to discover and buy products. What Cheri loves about Wanelo is that users aren't saving DIY projects or recipes or reading quotes, they're all there for one reason... and that's to shop. Small indie brands can grow and make sales right alongside large brands like urban outfitters and anthropologie. Wanelo's demographic is majority female, and 50% of its users are between 18-24 years old. Products that cater to young females tend to do well, but Cheri says that her market is considerably older, and she still gets high engagement and conversions with the site. The Buy ButtonOne additional benefit to using Shopify is the "Buy on Wanelo" app that Cheri can use to sell her products directly on the site rather than redirecting Wanelo users to her site. If you have a shop that doesn't have an integrated app, you can simply redirect potential customers to your site, but often, a few sales may be lost in the process. Cheri says she pays Wanelo 10% commission for the feature, and they send her a check for her sales each month. How to Get Found on WaneloYou can get found in several ways on Wanelo. 1.) Create Collections. A collection is a group of your products featured together on your Brand page (the equivalent of your profile page on other social media sites). So if someone sees your brand page, they can browse your collections of your products. 2.) SEO. Use keyword -rich descriptions for your collections so people can find you on Wanelo via search. 3.) Create Stories. Stories are generally a mix of your own products plus others' products. It's kind of like a treasury and an Instagram post mixed together. When you create a story, your followers may see that story in their feed on Wanelo. They can then add your products to their own lists, collections and stories, and you'll continue to get discovered by other users. (In this way, it's similar to Pinterest in that your content can spread from one user to another.) An added bonus? Since Wanelo is very mobile-driven, many of its users are receiving push notifications when new things happen (like a new story from a brand they're following!) How to Connect with Influencers on WaneloWhen you first sign up for Wanelo, the platform will suggest brands and shops you should follow, along with super users to follow. Cheri calls these the Influencer accounts. You can also find these influencers by heading to "My Feed" then choosing "Find People to Follow". Wanelo will suggest top influencers to you, whose follower numbers range from 20,000 to several hundred thousand. When you check out the profiles of influencers, many will provide their email address so you can reach out to them for potential partnerships. You can work with an influencer to create a sponsored "story" in the same way that you might do a sponsored post with an Influencer on Instagram. Cheri just started reaching out to influencers, and she's in the process of doing 3 sponsored stories - she promised to report back to us on how it went! Basic pricing for a sponsored story is about $10 per story per 10,000 followers. So if you want an Influencer with $50,000 followers to create a story with your product, you'd likely pay about $50 for the story. An Influencer with 250,000 followers will generally charge about $500 to post a story. Once Upon a Time...We're pretty sure Wanelo stories don't have anything to do with Snow White... so how do they work? A story generally has about 9 products in it. Users create stories that have a certain look or feel. The products all pair well together and tell a "story" about a certain person who would use those products. When you save a story to your Wanelo feed, it goes out to your followers. Each product in the story has a photo as well as a link to the product so customers can either purchase the item on the site or be redirected to buy off site. Cheri shared Several Tips for Using Stories:
How to Get your Brand Page on WaneloIf you don't have a Shopify store, it can be a drawn-out process to create your Brand page on the site. You have to submit your feed, Wanelo will approve it, and then you can manually import your products into your feed. Wanelo is made up of a small team of people, so it's a drawn-out process to get your brand going on the site. However, if you're on Etsy, you're in luck. Etsy is a bit more tightly woven into the set-up process, so getting your feed approved for your Etsy shop is a bit easier. OutfyThere's a new tool for e-commerce sites called Outfy.com, and Cheri is really excited about it! It helps you promote and schedule your products on social media and e-commerce networks. Outfy integrates with Polyvore, WeHeartIt, Keep, Instagram, and Pinterest. You can schedule 10-15 of your products to go out to each platform each day of the week in just 5-10 minutes' time. You can try 50 shares for free if you're a new account. Cheri has been using Outfy for two weeks, and she's already seen a dramatic increase in sales as a result. Cheri's Secret WeaponSince Cheri sells directly on several sites such as Wanelo, Amazon, and her own website, we were curious about how she keeps her orders straight. Cheri says that Ship Station is her secret weapon! All of the platforms where she sells are connected through Ship Station. She pushes one button to import all of her orders, and a few clicks later she's printed out all of her labels for the day. Cheri says it's like having a shipping assistant! Some Features of ShipStation that Cheri Loves:
Productivity TipsCheri often gets 100 orders or more each day, so staying on top of her workflow is incredibly important!
When your Business Feels like Cleaning the ToiletsCheri strongly believes that you should price higher for custom orders and for products you simply don't like to make! Your time, effort, and sanity are worth that higher price. (We agree!) Cheri makes a pressed eyeshadow that takes her more time, and she doesn't like making it. But she has customers who really want that particular product. So... she raises the price... by a lot! We all agreed that the same premium pricing should apply to our household chores. Triple the price for cleaning toilets :) Cheri's Magical Mom Moment ;)Cheri had a really sweet moment with her two girls the other week. Maybe they haven't outgrown the magic of childhood just yet! Stay in touch with CheriTo connect with Cheri in our Facebook group, you can sign up for our list and we'll send you an invite!
Direct download: Episode2010120Cheri20Tracy_mixdown20final.mp3
Category:general -- posted at: 3:13am EDT |
Thu, 20 August 2015
I have heard this question voiced so many times: which business expenses for bloggers are tax deductible? Many business expenses that bloggers incur are similar to other fields, or are clearly deductible. However, when it comes to the supplies and materials that bloggers purchase for their projects and posts, the waters get a little murky. These supplies and materials expenses will be the focus of our discussion today. Can you deduct blogging supplies and materials as a business expense?Most blog niches (DIY, home décor, food just to name a few) rely on blog posts with a project of some type. Spending money on supplies is necessary in order to offer tested instructions and beautiful step by step photos to your readers. Readers don't flock to a DIY blog with no projects or a food blog where no food is made! But all the supplies, materials, and ingredients can really add up! How much can you treat as a business expense? What can you deduct on your taxes? Why am I qualified to talk about business expenses and taxes? I am an accountant, and I do have my CPA license. However, the tax code is lengthy and complicated, and I do not presume to know everything about taxes. The advice offered here is my opinion. I have done my best to present accurate advice that is well researched based upon my knowledge and the resources provided on IRS.gov, however you must use your own best judgement and that of your tax professional when preparing your tax return. What does the IRS say?Although the IRS tax code covers many topics in depth, they have yet to publish any definitive guidance to bloggers on how to specifically handle many of the financial situations that bloggers encounter every day. In the absence of direct guidance, we must lean on general tax advice to determine what constitutes a business expenses for bloggers. According to the IRS, a business "may deduct ordinary and necessary expenses for conducting a trade or business." The IRS deems ordinary business expenses as any that are "common and accepted in your trade or business." So ask yourself, what do others in my industry have as business expenses? The IRS views necessary expenses as those that are "helpful and appropriate for your trade or business." The IRS does state that an expense does not have to be "indispensable to be considered necessary." The other area related to expenses that you need to be careful about is determining whether an expense is truly for a business purpose, or whether it has a personal use as well. Some items are both personal and business related. The IRS does allow you to pro-rate and deduct the business portion on your tax return. For the purpose of this discussion, keep in mind "business expense" and "tax deductible" are interchangeable terminology. Business Expenses for BloggersLet's discuss a few examples that I made up! Let's say you are a home décor DIY blogger who is re-painting a table you bought at a thrift store. You are taking step by step photos as you go along, and do a nice post about the table when you are done. The table then becomes a permanent fixture in your home. There are several things to consider when deciding what is tax deductible. In my opinion, most likely many of the supplies required to repaint the table are tax deductible. These materials were an ordinary and necessary expense in order for you to blog about fixing up the table. Some of these materials might include sand paper, primer, or paint. And most likely any left over will be used on future blog projects. The table is where it gets trickier. Although the table was ordinary and necessary for your blog post project, you now use the table everyday so it certainly has a personal component. You might consider allocating only a portion of the table as a business expense. If however you are a blogger that fixes up furniture and then sells it, or you gave the table away when you were finished, then it seems as though the entire cost of the table would be tax deductible. Lets say you are a food blogger who blogs only about cake. Each time you go to the grocery store, all the food you buy for your family to eat for their every day meals is not tax deductible just because you have a food blog. The ingredients you buy to make your famous German Chocolate Cake which you blog about would be tax deductible. If your son is having a birthday party, and you need several cakes for the party, so you buy the ingredients for 3 of your famous German Chocolate Cakes, then I would say that only the ingredients for one chocolate cake are tax deductible, not for all three. I would urge you to err on the side of caution. Don't push the envelope to see what you can get away with. Be conservative on what you deem is ordinary and necessary for your blog, and what is for personal or business use. Keep Excellent RecordsIt is also important to keep excellent records. When you go the grocery store and purchase the ingredients for your german chocolate cake along with your families groceries for the week, pay for the german chocolate cake items in a separate transaction. This is where keeping your business finances separate is important. I discussed this in Episode 46. Jot down on your separate receipt what the materials or ingredients were for. Possibly even mark down the date the blog post went live. The more information you can provide to substantiate that these items were for a business purpose, the better. What About Sponsored Posts?In the case of a project you do for a sponsored post, I think you can make a stronger argument that the expenses you incurred were ordinary, necessary, and purely business related. Expenses incurred for the direct production of revenue are more than likely deductible, and often these purchases are not items you will continue to use for personal use. They are items you needed in order to complete the project and get paid by the sponsoring company. Although I'm sure you wish I was able to give you a much more straightforward answer, I hope you now have the tools to judge for yourself which items are deductible on your tax return. Each bloggers situation will be different due to what they blog about, and each post will need to be evaluated based on the IRS criterion for business expenses. Remember to ask if the expense is ordinary, necessary, or of a personal nature. I discussed this tax issue as well as several other tax topics with Abby of Just a Girl and Her Blog as part of her Building a Framework video series of 16 experts. Abby interviewed many bloggers on their area of expertise, and has compiled a great resource for other bloggers. You can also find other accounting and tax related small business topics on our Small Business Accounting and Tax Help Pinterest Board. You can find me in our private Facebook group if you have questions related to this topic. To join the Facebook group, just sign up for our email list and you'll receive an invitation by email within a week or two. Be Brilliant! -Sarah In accordance with IRS Circular 230, we advise you that any discussion of a federal tax issue in this communication is not intended to be used, and cannot be used, by any recipient, for the purpose of avoiding penalties that may be imposed on the recipient under US Federal Tax Laws.
Direct download: Episode2010020Blogger20Business20Expenses20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 18 August 2015
Is it possible to create a business with little start-up funds, and make money doing something you already love? Christy Wright says yes! Not only is she a Certified Business Coach, she's started two side businesses herself. Christy is so down-to-earth yet incredibly wise. You're going to love this farm-girl-at-heart's story and advice! On the Podcast02:24 - What the Beach has to do with Big Goals Press Play on the Podcast Player Below to Hear from Christy WrightWhat the Beach has to do with Big GoalsEvery year, Christy and her girl friends go on a trip together. Several years ago, they were at the beach. They sat around and dreamed about what they wanted to do by the time they got together for their trip the next year. One friend wanted to buy a house, and one wanted to further her music career. Christy said she wanted to become a life coach. Christy realized in that moment how much she loves to help people and work with them one-on-one to accomplish their goals. She's helped people to complete marathons and working for Dave Ramsey she works with people one-on-one to help them become debt-free. Since Christy wanted to go all-in on this goal and make things official, she found the most credible organization she could for coaching. It's called The International Coach Federation. You can specialize in many different types of coaching, and Christy decided to become a certified business coach. 3 Tips for Going Pro as a Speaker1. Just start! Give yourself permission to be a beginner. Christy says she spent more Friday nights than she can count speaking at Kentucky public libraries to an audience of 5 people. She's spoken in High School cafeterias, and even huge auditoriums meant to seat 1000 people where onlny 3 people showed up! (One person fell asleep and one person was on her cell phone...) Christy loves the quote: "Comparison is the thief of joy." She says that if you compare yourself to someone who's much farther down the road than you, you'll get discouraged. Just get tons of practice and experience, and you'll get better. Getting great at something takes time. 2. Video yourself. Set up a tripod with your iPhone, and give your talk. Practice by yourself with the camera or gather a few friends or family. Watching videos of yourself can be brutal, but it will make you so much more aware of any tics you have, words you always use, posture or fidgeting. It's eye-opening to see yourself on video. 3. Take notes. When you're at a conference or at church, and there's a great speaker, take notes! Don't just write about their content but on how they did it. Did they make you laugh within 2 minutes and get you involved in the talk within 7 minutes? What methods did they use to keep your attention and impact you with their words? Christy says there's a strategy and a science to speaking that we may not be aware of. 2 Tips for a Brand New Business MomWhen we've just come up with our great big idea or goal, it can feel overwhelming thinking about everything we need to do to get started. How can a busy mom get past the overwhelm and make progress? 1. Make a Plan. The unknown is the root of so much stress in our lives. Christy encourages women to make a simple list of everything they need to do to get going with their business. Make a plan for how you'll get started. When you have everything down on paper, you'll be so much less overwhelmed because you can clearly see what's in front of you. Writing things out on paper also has another benefit. It keeps you focused. When you realize you've just spent 8 hours choosing themes, colors, and photos when your true priority is getting customers and revenue, having that plan with solid tasks will help you to stay on track Christy encourages women to just get started! You don't need anything fancy to get going. "Start simply." 2. Get Others to Help. There are tons of people around you that probably have skills, resources, and connections that can help you reach your goal. Maybe you have a graphic designer friend. Or maybe when you mention your new business plan, an acquaintance will know someone great who can help. We have so many resources at our disposal than we realize. Remember that One Time When Christy was a Farmpreneur?Christy's had a few side businesses of her own, so we just had to ask her about them! (We're so glad we did!) Instead of starting from scratch, Christy used what she had. She already knew how to take care of horses and she had an 11-stall barn at her disposal, so she started a horse-boarding businesses. For years Christy was able to live the farm dream with this business! She had horses, goats, and a miniature donkey, but Christy also says she had to spend her weekends cutting and baling hay. She'd love to live on a farm again someday, but she plans on having more money at her disposal so she can pay someone else to do all of the heavy lifting! Christy's first side business offers a great tip for all of us: When it comes to starting a business, think about what you already have. What are you good at? What resources are at your disposal? You can remove the barriers to starting and growing a business when you don't have to start completely from scratch. Stop Selling and Start SharingWhen Christy does research on women with side businesses, she asks them how they feel about selling. They say things like, ""I'm uncomfortable, I don't know how, I don't know what to say, or I don't want to be pushy." A couple of questions later, Christy asks them, "Tell me about why you want to do this" and the women would talk about the joy it brought them...little girls at church wearing dresses they made.... or websites going up that they designed. These same women just came alive when they shared their story. And just by listening to them, Christy immediately wanted to buy their product! Start Sharing: When you're in your comfort zone and sharing your heart with people, the sale will follow. Are you married? That's sales! You convinced someone that you are awesome enough to marry! Did your kids eat dinner last night? That's sales! You convinced them to eat their broccoli! Use your influence to be likeable, persuasive, and share your story. The sale will follow. Christy addresses so many of the issues women face when starting a business at her Business Boutique Event happening this Fall in Nashville. How to be AuthenticRelated to sharing our story, an important aspect of influencing others is being authentic. How can we do this when it comes to our business? Christy believes that everyone should write out a mission statement for their business. Write out your big vision and goals. Why are you doing what you're doing? To keep that focus, Christy recommends the book, Start with Why by Simon Sinek. (Or you can watch his TED Talk.) In "Start with Why" Sinek says that people don't buy what you do, they buy why you do it. Once you've decided on your "why" along with the big goals that will help you to get there, it will help you to stay on track. There are so many opportunities in the marketplace, but when we keep our mission in mind, we won't be so easily distracted. The Wow Person and the How PersonChristy shared an adorable analogy that described Sarah and my work relationship so well! The Wow Person is always saying things like, "Wow I have a new idea! Wow this is amazing!" But the How Person thinks, "How are we going to do this? How will it be executed? " (Can you guess who's the Wow and How Person between Sarah and I? Also, can you guess whether Christy or her husband is the Wow person?) Christy's Advice to make the relationship work: When the Wow Person comes in with 5,000 ideas, the How Person should not ask any How questions for at least 24 hours. They just have to be excited. After 24 hours, if the Wow Person is still talking about the idea, then they can ask some questions! (But chances are, the Wow Person has already moved on to 5,000 new ideas!) Juggling Tips (i.e. Keep your Eye on the Ball!)Juggling life and work as a busy mom is not easy. Christy shared a few tips that have been so helpful to her as a new mom. 1. Focus on what's in front of you. If Christy focuses on what she left behind, for example - her son being at daycare - she won't be able to focus on the important work that's right in front of her. Conversely, if she's at home with her son and thinking about problems at work, the same thing happens. Christy chooses to look through the front windshield instead of in the rearview mirror. 2. Set goals for yourself to keep your priorities in line. This goes along with point #1. When you've decided what's most important to you, and you've set aside time for those most important things each week, you can leave the guilt behind knowing you've done what you set out to do. For example, maybe you've set a goal to work on your business for 10 hours a week and spend quality time with your kids for 10 hours a week. Since the need is unending both in business and at home, you can eliminate the guilt if you've met your own goal for the week. Feel good about what you've done and how you've kept your priorities in line. Maybe you didn't get to braid your daughter's hair tonight, but you're going shopping this weekend, did homework yesterday, and you went to her soccer game today. Feel good about meeting your goals. Don't compare yourself to other women and other moms, but decide for yourself what's important to you and focus on meeting your own goals. (Not anyone else's!) A Closet and Some Make-Up... why they could be the key to your productivity!Christy shared two great tips on how to make working from home work for you. 1.) Set aside some space. Create an area in your home that's dedicated to the business. Otherwise, you'll find yourself with piles of laundry...on top of orders... on top of takeout...on top of tax forms. It starts to feel like the business is taking over because visually, it is taking over! Block off a space in the house where you go to work. (If your space is tiny like Beth Anne's maybe it's just a corner of your closet!) 2.) Set a schedule. When you're working from home, it's easy to stay in your PJ's until 2 in the afternoon. But even if you got a few things done, you'll probably feel more scattered and distracted if you don't get up and get ready for your day. Create structure for yourself. Have a set time to "start at the office" and take a shower and get ready so you'll feel more energetic, productive, and focused. Christy's Initiation into #MomLifeTune into the podcast to hear Christy's funny story of her initiation into the real world of motherhood! It happened on her first day back at work... when she had a gig on TV....(of course!) Stay in touch with ChristyOr see her in real life at her brand new event in Nashville :) |
Tue, 11 August 2015
Did you know there are some bloggers who make most of their income by creating awesome sponsored content? What if you could do the same? And nope, it doesn't involve being a sell-out. ..not for a second. Kristy Ellington has a unique perspective on the world of sponsored posts because she's a blogger herself but she's also a Brand Content Strategist for PopSugar. She works directly with big brands to help them develop their campaigns through sponsored posts. Kristy has tons of great advice to share . I walked away from our interview with her feeling so much more prepared to tackle sponsored content in a way that felt great for everyone involved. I know you'll grab lots of practical advice to grow your blog too! On the Podcast01:04 - The Changing Face of Advertising Press Play on the Podcast Player Below to Learn How to Create Seamless Sponsored ContentThe Changing Face of AdvertisingFor the past several years Kristy Ellington has been working directly with brands as a Brand Content Specialist at PopSugar. Many brands approach PopSugar for advertising space, but Kristy has a much better solution for them: a brand content strategy. She's learned the ins and outs of what makes people respond well to a given blog post or brand message. A content strategy is incredibly powerful for a brand, because unlike a banner ad, people will often share a blog post that really resonates with them. If a brand can create sponsored content that's helpful and meaningful to a given audience, their message will be shared and make a much bigger impact. Who's More Important? The Reader or the Brand?Kristy's number one goal in working with brands is to create content that's valuable to the reader. This comes well before she considers what the brand wants to get out of the partnership. If the content doesn't resonate with readers, they won't remember it, interact with it, or share it with others, and the brand's campaign will be pointless. Four Ways to Earn More Money through Sponsored Posts
Which Metrics Matter?When it comes to blog metrics, monthly pageviews is just one piece of the puzzle. Many brands are now focusing more on engagement or attention metrics. These include:
When you have strong attention metrics, your readers are consuming more of your content. The brand's message will come across more effectively as well. Kristy likes to say that 100 passionate readers are so much more valuable than 10,000 passive readers. Passionate readers comment, share, and provide word-of-mouth advertising for you and your blog. A brand can leverage this same power through a sponsored post with you. How to Create a Smooth Sponsored Post
Below is an example of the same exact brand message working for two very different bloggers. They can both promote the brand well, but they had to get creative to make sure the way they wrote both highlighted the brand but also fit seamlessly into their regular blog content. The Brand: Nordstrom approaches bloggers to talk about their fall sale. Their goal is to get more clicks on their landing page introducing the sale. Fashion Blogger Approach: This blogger could go the extra mile and ask if she can get a few items on loan to use in her post. She creates a fashion tutorial on how to style flannel in 5 different ways. She intersperses links back to their sale but also provides incredibly valuable, helpful content to her readers who are bound to pin that post or share it in other ways on social media. Mom Blogger Approach: A mom blogger who talks about parenting tips and shopping can write a post on How to Teach your Kids Shopping Etiquette. This blogger is equally excited about the sale, but she knows her readers want to know how to keep their kids from going crazy while they're in a busy store. They want both mom and child to have a great time and feel equipped to hit the sale. How Much is Too Much?Every blog is different, but there are some general guidelines you can use to determine if you're sharing sponsored content too often. For example, if you post 5 times per week, then 2-3 sponsored posts per month is a completely acceptable number. However, you could also choose to do just one sponsored post per month, and in this case, you can charge more for that sponsored post because of scarcity. That one post packs a big punch because they don't happen often. Kristy's advice is to start out slow with sponsored posts and slowly increase the number. You have to remember that you're blogging for your audience first, and you don't want to go too far and alienate people. There's your Sign: 4 Tips on Fostering a Long-Term Relationship with Brands
The Personal Touch that Will Set You ApartWhile a wrap-up report is generally done at the agency level for the brand's campaign as a whole, you can set yourself apart as a blogger by doing one yourself. A Wrap-Up Report Lets You:
The Pros and Cons of Blogger NetworksPros: Networks are great for bloggers who don't have a lot of time to act as their own PR agent. The networks send you a message about a given brand campaign and ask you if you want to be involved. They have a set price, so you don't have to negotiate. You just apply for the opportunities you're interested in - easy-peasy. Cons: Blogger Networks can limit your exposure to the brands you can work with because all of your income has to come through them. In many cases, you sign a contract saying that you won't approach a brand outside of the agency. They're obligated to act as your PR agent. Pros of Going Solo: Partnering with brands on your own allows you to be more flexible. You can negotiate terms and fees, add and subtract things, and come up with creative new ways to earn revenue. For example, you could start with a sponsored Instagram post, but come up with the idea for a great blog post later. If you're working on your own, it's easy to contact the brand and see if they're interested in more sponsored content from you. The Formidable 7-Letter WordCONTRACT It sounds scary and complicated, but it's really for your protection and peace of mind, as well as that of the brand's. Kristy always recommends using a contract when you work with a brand. In general, they'll supply the contract, but there are certain things to keep in mind before you sign on the dotted line.
The Pretty Little Package Every Blogger NeedsKristy recommends that every blogger create and have available on their site a Sponsored Post Package.
Below is an example of three package tiers you could offer: Package 1: A sponsored post, 3 social media shares, and a traffic number guarantee. Make it easy for a brand to say yes to working with you! And make it easy for you to get paid what you're worth. A Form of Blindness that Affects us AllKristy says it's been proven that banner blindness is an actual occurrence. Internet users have become so accustomed to ads on a website that they simply don't look in those areas anymore. No one pays attention to banner ads anymore. The other reason banner ads are dying? The increase in mobile traffic across the web. Websites that are mobile optimized might not even display the ads, and non-optimized sites are so small you'll never notice them. What should you do with that space instead? Promote your own work. Link back to other blog posts, put your Etsy shop there, or add a Pinterest widget. Use the sidebar and banner areas to keep people in your ecosystem. In this way, your readers are used to seeing you and your great content there and will be more likely to still pay attention to those areas of your site. Kristy does not recommend you offer banner ads when you work with brands. There are much better ways to communicate their message to the world. How to Price your PostsKristy has a great podcast episode and a free worksheet on how to figure out your rate for a sponsored post. There aren't any industry standards or hard and fast rules, but she discusses several factors that play a role and considers blog the blogger's perspective and the brand's. In general, Kristy says that bloggers tend to underestimate what they're worth and price themselves too low. In the past, they've become too accustomed to accepting products in exchange for a review. That's not enough anymore. Brands that reach out to you have done their research. They know that your blog reaches the audience they want to reach - that's worth something, so don't underestimate it. Are you Costing Yourself Readers?Kristy says there are two things every blogger should keep in mind with every single post they write. If they don't consider these two, they're costing themselves readers and the potential for growth. 1. EMOTION. Your content should always have emotion. Decide ahead of time what emotion you're trying to convey with your post. Ask yourself, "What do I want people to say when they share this with their friends?" Did it make them laugh, make them cry, or inspire them? The more you can convey emotion in your posts, the more you can touch your readers and cause them to share your content with others. 2. ACTION. With every post, you should have an objective for what you want your readers to do. Do you want them to sign up for your newsletter? Do you want them to buy something? Do you want them to read another post? Know what action you'd like your readers to take, and if you can't think of any, ask yourself why you're writing the post in the first place. Kristy's Adorable Mom MomentKristy and her son, Fisher, had a secret for a few months. It's kind of funny! But at the time, Kristy was frustrated beyond belief that no one else would believe her. Tune in to hear the story. Stay in Touch with Kristy!
Direct download: Episode209820Kristy20Ellington_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 4 August 2015
When you make a sale, what happens next? Are you excited and head for the nearest person to give a high-five? (Or maybe a high-paw with the cat will do!) Are you overwhelmed and wonder how you can fit more work into your day? Are you a mixture of the two? If you've lost that lovin' feelin' when it comes to your business and the sheer joy that happens when you get to make your customer's day, you've got to listen to Jacqui Nelson's story. Every day, she heads out to her warehouse (otherwise known as the garage!) and steams, folds, writes a hand-written note, and wraps her clothing up like a present. Jacqui says fulfilling orders is her favorite part of running her online women's boutique - SwankyJBoutique.com. You'll fall back in love with it too when you hear Jacqui's passion for her work and her love for making customers happy. Seriously - her enthusiasm is infectious! On the Podcast01:05 - A Natural Saleswoman A Natural SaleswomanJacqui says she was born as a natural sales person. Although part of her hates that phrase, because it somehow it brings us back to a used car lot. Jacqui views her sales ability as the knack for finding just the right thing that will make someone happy. From door-to-door selling as a girl to selling jewelry with a team of women, Jacqui's done it all. She's sold over 1.5 million in real estate and coordinated events too! When Jacqui had her first child, Skyler, she cut back on her work hours, shifted away from real estate, and chose to work part-time at a local clothing boutique. But Jacqui's passion for marketing couldn't be squelched! She loved working at the boutique and came up with the idea to build a website for them and manage their social media. Unfortunately, the boutique didn't bite. Jacqui couldn't get this passion for an online business out of her head, so after lying awake one night thinking about it, she turned to her husband Kenny and said, "I think this is it, I'm going to do this!" That was December of 2014, and by January of 2015 - SwankyJBoutique had been filed as a legal business. In March of 2015, the online store was launched. Jacqui, believing she could juggle anything, thought she would keep her part-time job while also running her online boutique. She didn't view her business as competition because she was solely online, and the other store was completely brick and mortar. But the boutique wasn't happy with Jacqui's move and they made her choose: her job or her boutique. Jacqui chose SwankyJBoutique! And looking back, she's so glad her former employer made her choose so she could focus on her business full-time. "I want to create a lifestyle that my daughter will be proud of someday," Jacqui says. So... how fast can you launch an online business?December 2014 - The idea for Swanky J Boutique was born. January 2015 - Jacqui and Kenny formed an LLC, got their business license, and submitted paperwork for their trademark. At the end of January, she and Kenny attended Fashion Market in Atlanta to buy inventory for the store. While Jacqui's parents watched baby Skyler, Jacqui and Kenny shopped their hearts out for 3 days! February 2015 - Jacqui set up photo shoots with models and a professional photographer. March 1, 2015 - The online store launched to the public! Jacqui says "I felt like I have actually birthed another human with this business!" How to Free up Cash for InventoryDuring Fashion Market in Atlanta, Jacqui's husband Kenny came up with a novel idea for freeing up more cash to get their initial inventory for the store: develop the website themselves! They had earmarked $5,000 to have a professional develop their website, but instead they did it themselves and used that money for more inventory. And SwankyJ's first website was great! It looked lovely and had all the features that an excellent online shop would have. (You won't have a chance to see it because their new website is launching any day now!) No excuses for these two - they just made things happen. Jacqui's Knight in Shining Flight SuitJacqui's husband Kenny (a Marine pilot) has been her biggest supporter in her business. Despite his demanding career, Kenny has been with her every step of the way. He came to market and helped Jacqui picked out inventory. He helped her pick a business name and develop the website. Anytime Jacqui has a new idea, she always runs it past Kenny because she knows he'll give her solid advice. "He loves the business as much as I do!" Jacqui says. To MarketSince we've never been "to market" Jacqui was kind enough to give us the inside scoop on what it's all about! There are markets all over the U.S. each year - in New York, Las Vegas, Los Angeles, and there's a great one in Atlanta that's within driving distance for Jacqui. It's called Atlanta's AmericaMart. It's a humungous building - 11 stories tall - and every square foot of that building is filled with a product that people sell in a store. They have mens wear, children's wear, women's wear, shoes and accessories. There are thousands of vendors who have designed and manufactured these clothing pieces, and they want your business. They want boutique owners like Jacqui to purchase products from them at wholesale prices to sell in their online or brick and mortar shops. This is the general idea of "markets" although from Jacqui's description, it seems hard to put the chaos of the event into words! Tips on Going to Market as a Brand New Business OwnerWhat should you ask? Jacquie found a guide on how to go to market, so she was ready with questions for every vendor she visited. What's the minimum order? A lot of vendors just require you to buy 1 pack which equals either (2, 2, 2,): 2 smalls, 2 mediums, and 2 larges of one item, or (1, 2, 2, 1) 1 small, 2 mediums, 2 larges, and 1 extra-large. However, some vendors do have a monetary minimum. One vendor Jacqui works with has a minimum order of $100, while another has a $400 minimum, so it can really vary. How much should you buy? At her first market, Jacqui was looking for a large variety of items in smaller quantities. She wanted to start with a large variety so she could test out what her customers wanted before committing to one particular style or piece of clothing. She started by buying just one pack of each clothing piece. Do you have to go to market to get your inventory? A lot of vendors have great websites where Jacqui can re-order items. She's done this quite often since launching, and she doesn't need to see the clothing in person once she already carries it and knows that it's high-quality. How to get in "the club"How does a new boutique owner get approved to go to a market. Clearly, they have to weed out the fashion lovers who are just looking for a deal! You have to have your business license, retail license, and EIN number to go to market. You're also supposed to have proof of sales. So how do you get proof of sales as a brand new business owner? Jacqui spoke with a coordinator and learned that she could get a guest pass for her first day, and once she placed her first purchase order, she could come back to the counter and get a legitimate buyer's pass. The approval process is similar to order from a vendor's website. Jacqui has to email them her business license and retail license, then they approve her for buying powers on their site. Shopify vs. SquarespaceJacqui told us that it was a difficult decision on whether to use shopify or squarespace to set up their online store. They ultimately decided on Shopify, and they've been so happy with it. Jacqui says it's an amazing tool for their business. The analytics and detailed reports are so helpful. She checks the reports page every day to see where their sales are coming from, what's selling, and more. How expensive is Shopify? While their made-from-scratch site has served them well for several months, Jacqui and Kenny are ready to move on to a completely custom site! They've hired a web design company, and their brand new site should be launching soon! As much as they love their site and are proud of what they did, Jacqui wants SwankyJ to be the next big online retailer, and the only way to do that is to have an extremely professional site. Jacqui wants a customer to be able to search for a red dress in a size 6 and find it immediately. Her current site doesn't have a database system that powerful. The easier Jacqui can make the shopping experience for her customers, the more her business can grow! Let the People Speak!One of Jacqui's favorite things about her site is the fact that a customer can leave a review on any product they buy. Jacqui knows from experience that when she buys something online, she reads every review that the product has first. You want to make sure that whatever you buy you won't have to send back. To enable reviews, Jacqui pays a monthly fee for an app called Yotpo. Every customer gets an email 7 days after a purchase, and she offers them a coupon code if they rate and review the products. Jacqui always writes back and thanks customers for their feedback, because she knows their review will help another customer to make a purchase in the future. Most items on the site are 5 stars! The people have spoken... and the people like SwankyJ. Packaging PresentsJacqui says that fulfilling orders is her favorite part of the business. She heads out to her swanky, upscale warehouse (the garage!) finds the piece of clothing that's been ordered: steams it, folds it, puts a hand-written note in, wraps it like a gift, seals it, prints shipping label, and takes it to the post office. Jacqui knows how excited she gets when she makes an online purchase, and she wants each of her customers to feel like they're receiving a present when their order from SwankyJ arrives. Not to mention, since she steams each item, her customers can show off their brand new clothes right away! Growing a Boutique with good 'ol ZuckJacqui currently has 13,000 Facebook Fans, and she's only been in business for 5 months! Her growth has been impressive, and she shared four great tips on how she's done it.
Jacqui is willing to spend money on advertising a giveaway for 3 reasons:
Jacqui says she encounters skeptics or want to know if she's paid for her likes. She says, "absolutely not" She pays to advertise on Facebook, but those fans have seen an ad and chosen to interact with her page and like it. They are genuine followers who are interested in her brand, not random people being paid to click like on a page. Jacqui's Adorable Mom MomentListen to hear what happened when Jacqui brought her little girl Skyler to work in the "warehouse" one day. It's so cute! Stay in touch with Jacqui!Jacqui's new site is launching soon! She's got an adorable girl boss tee, so feel free to bookmark the site so you can stop back when it launches.
Direct download: Episode209720Jacqui20Nelson_mixdown20final.mp3
Category:general -- posted at: 4:12am EDT |
Tue, 28 July 2015
Finding your voice can feel like a mystery. There are clues, of course: a fingerprint of ideas here, a scrap of inspiration there, but putting all the pieces together can feel like mission impossible. Relax, Ace. Lacy Boggs, Director of the Content Agency is hot on the case. On the Podcast01:04 - The Important Clue that Led to Lacy's Business Press play on the podcast player below to receive your mission from Lacy, should you choose to accept it.The Important Clue that Led to Lacy's Business5 years ago, Lacy she was the associate editor and food editor for a local magazine in Colorado. It was a 60+ hour per week job, and when she became pregnant she realized that she wanted life with a baby to look a little different. Lacy quit her job and started a food blog. She was able to grow an audience fairly quickly, and she landed some amazing guest posting gigs. Lacy even guest posted on one of Martha Stewart's blogs for a while! But Lacy picked the niche of moms who want to live a foodie lifestyle on a budget. She just wasn't making any money growing this particular audience. Despite her lack of income, Lacy discovered an important clue that led to her current business: She's great at blogging! Lacy started a ghost blogging company, The Content Direction Agency, to write blog posts for other businesses and entrepreneurs. Her business took off. Now she's more than doubled her magazine salary, and she only works 20-25 hours per week, so she can spend most of her time with her four year-old daughter. The Mysterious Life of a Ghost BloggerSarah and I had never heard of a ghost blogger before. What is this mysterious new role all about? There's a misconception that if you're a solopreneur or small business owner, you have to write your blog content yourself. Lacy doesn't believe that's true. If you can get your message across more effectively with someone's help, why not? A lot of Lacy's clients are lifestyle entrepreneurs. She's worked with interior designers, health coaches, personal stylists, and one client is a data analyst and strategist fora Fortune 500 company. Lacy's AssignmentsWe were curious about how much content Lacy writes for each of her clients. Lacy says that it really runs the gamut. She's written published books and e-books for clients, course material, email newsletters, and blog posts. Lacy gets hired most often to write people's blogs for them, so it's generally one blog post per week. How to go UndercoverWhen Lacy writes for her clients, she makes sure the content is seamless. It sounds just like that person, so that no one recognizes that they're reading content published by someone else. Lacy has always had this undercover skill. She wanted to be a fiction writer when she was a kid, and she used to write novels as a teen. They would sound so much like whichever books she was reading at the time. She's always had a knack for taking on the voice of others. For entrepreneurs who don't want to hire Lacy to write for them, she has a voice identification process that can help people find their own voice. The most important thing is to find the small details that set you apart. What's your style? Are you sophisticated or conversastional? What particular words and phrases are unique to you? Lacy gave us an example of someone who really struggled to share her authentic voice. A woman who runs surfing camps for women in California came to Lacy for help. Her camps weren't just about surfing, but also a spiritual experience. But her blog was so corporate! On the phone Lacy could tell right away that she was a bit "woo-woo" and used a lot of surfer lingo. Lacy encouraged the woman to use her surfing lingo, add surfing metaphors, and talk the way she would normally talk. She wasn't serving her audience or giving out a clear message by being so buttoned-up. Face-OffIt can be really hard not to be two-faced when it comes to our online work. We have one voice and personality in real life, but then we take on a completely different voice online. We're trained to write a certain way in school, and our own voice is often trained out of us. College and the corporate world strip our style away even more. Lacy says it's hard to find your voice if you were never allowed to let go and be yourself Lacy's voice recognition process can help you uncover your missing voice. Secret Agent Lacy BoggsSarah and I just love Lacy's secret agent persona on her website. You have to go check it out. We've never seen anything like it! Sarah Ancalmo helped Lacy to define her hook and then develop her branding from there. Both Sarah and Lacy believe that you have to come up with your hook and the content first, and then everything else flows from that. They came up with the idea that Lacy is your secret weapon for blogging. From there, the 40's secret agent theme was born. Lacy says it's her, just dialed up to 11. To determine your own online persona, you need to define your hook. What's that one statement, visual, or idea that everything else can hang from? Once Lacy knew that she'd brand herself as the secret weapon for blogging, she was able to choose her first message to her audience: "Are you writing your message in disappearing ink?" From there, the blog content came, along with pictures in that 40's secret agent style... everything on the site down to the typewriter font they used flows out of that one hook. We talked a bit about how mom bloggers or Etsy seller blogs can often feel so similar to one another. They all have a cute, pretty type of style. Lacy has some words of wisdom: there is a huge variety of mom bloggers out there - everyone from Deuce to Jen Hatmaker. So don't be afraid to stand out and be different. Find your hook, and be unique. Get out your Magnifying Glass & Find that Hook!Lacy says that starting a business is like going through therapy, and finding your hook can be the same way! For Lacy it comes down to figuring out your big why, and that's two-fold.
Traffic FootprintsLacy believes that having the right kind of traffic is better than having a ton of traffic. For example, Lacy has a client who sells weighted blankets for the special needs community. This client could write a great list post on 70 ways to make bedtime easier. Maybe it would go viral and she'd get 100,000 hits. But what percentage of those hits are really going to be in her niche? There might be a few customers in that group, but it would be a very low percentage. If, on the other hand, she got a guest post on a major mom blog that talked about children with special needs, that traffic would be much more qualified. Every one of those potential site visitors is pre-qualified to become a customer of hers. Lacy says that creating content for the masses is not necessarily everyone's best game plan for business growth. On the other hand, she wrote one guest post for a blog called And then we Saved and from that single post she got over 600 opt-ins. Her guest post was targeted, and she was speaking to just the right audience. The social proof that comes from posting on a big site can be great, but keep in mind that it's just that - social proof, and not necessarily a great way to grow your list, traffic, or business. Tips for Cracking the Case FasterBloggers are busy people. How can we crack the case of writing blog posts faster and move on to the next mission? Lacy's number one tip for being a more efficient blogger is to start using an editorial calendar. An editorial calendar helps you to plan out your product and business promotions. For example, if you have a product that sells well around back-to-school, then you want to plan out your blog posts 6-8 weeks before that time. Blog about the summer brain drain or getting kids back on a schedule before school starts. By blogging on your topic well in advance of your launch, you'll start to generate desire and build anticipation around an event or launch. Even if you have a service, you can create sales cycles to promote different services at different times of the year. You don't have to discount your services - it's just a natural rhythm of promoting yourself through your content An editorial calendar lets you keep the big picture in mind and create a plan to drive revenue. As Lacy says, "If you're not blogging to support your business, then what are you doing it for?" On the Hunt for the Right TopicThe best way to discover what to write about is to ask your followers or subscribers what they're struggling with the most. You can even add it to that thank you email that you send to new subscribers. Even if the answers you receive don't have anything to do with your industry, you're still learning more about your audience and customers. Then, use the language your clients are using to talk about the problems they're facing and devise your solution. Mission Accomplished for Product-Based BusinessesIt's often difficult for product-based businesses to figure out what to topics to blog about. They don't want to just share new jewelry photos each day, so what should they do? Lacy recommends a method called Thinking Sideways. Shift your perspective from your product to where that product fits into your customer's bigger lifestyle. For example, Lacy worked with an Etsy seller who created cool jewelry in a Rockabilly type of style. She started thinking about the lifestyle of her customers and realized she could talk about things such as macrame coming back or coloring books for grown-ups. She can go beyond jewelry but describe the lifestyle her jewelry customers would be aspiring to. One point to remember: Always keep your followers in mind. Talk to your audience - not to other experts. For example, if a photographer wants to start blogging, they'll think, "what do I know about? I got it. I know about photography!" So they'll start sharing what lenses they use and their set-up, and other photographers will love that post. But other photographers aren't hiring them for photography work. Instead, they need to write about how to pick out the outfits to wear to a photo shoot, or 6 poses you should ask for at your next toddler shoot. Then you'll attract the audience that will actually hire you for work. How Agent Lacy Completes her MissionAs a mom who prioritizes time with her daughter, we were curious about how Lacy manages to work just 25 hours per week!
Agent Lacy's Adorable Mom MomentYou'll have to tune in to hear how Lacy knows she made the right choice to become an entrepreneur. The moment she had between her and her daughter is just so sweet. Stay in Touch with Lacy!For loads of free tools from Lacy head to LacyBoggs.com/library
Direct download: Episode209620Lacy20Boggs_mixdown20final.mp3
Category:general -- posted at: 5:14am EDT |
Tue, 21 July 2015
We're so excited to welcome our very first vintage seller onto the show. The vintage scene has exploded on Etsy since its inception, and if you're adept at finding treasures, it may be the perfect fit for you. Sarah Jane Janjirala has created a name for herself by creating a storefront on Etsy, Sweetheart Lane that's the one-stop shop for the best antique lockets on the market. Learn the ins and outs of selling vintage, how Sarah has created a system that saves her time, and why niche-ing down can be very profitable. On the Podcast00:58 - Don't Go Back to Work. Do This Instead! Press Play on the Podcast Player below to hear the full interview.Don't Go Back to Work. Do This Instead!Sarah started her antique locket shop on Etsy just before her first child was born. After a year of running the shop on the side as a hobby, she and her husband had a heart-to-heart conversation. Sarah had a lot of debt from nursing school, and both she and her husband assumed the solution was for her to go back to work. Yet neither of them really loved that option. So, they got creative! Her husband, who has a background in business looked over her shop and said, "I think you can do something with this!" With his analytical mind, her creative mind, and a lot of focus and hard work, the shop took off! The Allure of the LocketSarah chose to open an antique locket shop for several reasons.
How to Become an Antique ExpertSarah points to several factors that have developed over time that have allowed her to become an expert on antique lockets. These factors can apply to anyone who wants to become an expert within a vintage niche.
Several years into her business, Sarah says she can look at a locket right away and know what company made it and the approximate year it was made. Pretty impressive! The Narrow Niche AdvantageSarah says there are advantages both as a seller and to the buyer because she's niched down. As a buyer, Sarah helps out her customers by being the go-to, trusted source for antique lockets. She loves to shop on Etsy herself, and she personally hates having to scroll through tons of unrelated items within one shop. Instead, a shop that focuses on one thing sticks in her memory and she comes back to them for that product. As a seller, focusing on one specific niche gives her credibility. Her customers can trust her expertise and experience. In addition, Sarah focuses on making each locket wearable. Many lockets she finds at antique shows need a jump ring, chain, or have a broken hinge. Sarah fixes each locket, makes it lovely and wearable, verifies its age and source, includes instructions on how to care for the locket and clean it, and wraps it beautifully. By focusing, Sarah can provide exceptional customer service. How to Find Vintage TreasuresSarah doesn't often go to garage sales or estate sales, because a vintage locket is pretty rare in these settings. Not to mention, as a mom to two very young children, Sarah can't go hunting every weekend. Sarah goes to a huge antique show in Atlanta. She sifts through bags of jewelry to find a few treasures. In general, Sarah will attend a big event for one day once a month. She's often able to get all of her lockets for the next month in one day. The fact that Sarah has a focused niche helps a ton at a huge show. She's not overwhelmed. She knows exactly what she's looking for and she goes to each show with focus and intention. 5 Parts to PricingSarah uses five main criteria to decide on her locket prices.
What is TCO and Why Does it Matter?During her first year on Etsy, Sarah completely undersold herself. She wanted the average middle-class woman to be able to own her beautiful lockets... but she didn't factor in her own cost of doing business. Sarah hadn't calculated her Etsy fees, Paypal fees, materials, or any other overhead costs. She would simply double the price of the locket from what she paid for it. Sarah assumed she'd make a small profit, but it turned out that she was only making about $3 a sale! This was way too little for products that she was spending a lot of time on. When Sarah and her husband got serious about her shop, they created a spreadsheet to calculate her Total Cost of Ownership. This is your total net profits after all of your expenses. Now Sarah can plug in everything she bought such as the locket, each piece of wrapping wire, Etsy fees, shipping costs, and more, and then she can figure out her true profit. Sarah's pricing advice for other Etsy Sellers? She reminds them that they're doing something that the average person can't do. They're providing a service, and sometimes that service takes a lot of time. Etsy sellers shouldn't under-sell or undervalue their talents. Speedy Photo and Listing TipsThe best thing about selling antiques is that they're one-of-a-kind, but this also poses a unique challenge! Every item has to be photographed and listed separately. How does Sarah manage to spend the time doing this and still make a profit? Sarah's Listing Tricks
Another trick? Sarah uses the Etsy app on her to make quick changes on the go. Sarah's Photo TricksPhotos are one of Sarah's biggest challenges as a vintage seller. She takes photos of exactly that item for every single listing. She wants every customer to know and trust that what they see on the screen is what they're getting when they buy. With that in mind, Sarah has a formula: 2 front photos, 1 photo on the mannequin, one on the inside of the locket, and one of the back of the locket. When the light is right, Sarah can quickly snap all five of these shots and move on to the next locket. Growth + Success: Sarah's Secrets
What to do with HatersSo... haters might be a strong word, and not what Sarah would call them. But what do you do about the people in your life who always have doubts about your endeavors? How do you respond to those people who don't think your shop or blog or business will amount to anything? Sarah's husband had some wise words to share with her when she first got started: Isn't that so true? There are so many people in the world who are afraid of taking risks. Why would we accept their doubts as reality when they've never done the thing they're cautioning you against doing? Learn from those who have gone before, and Sarah has done just that. She wants to encourage moms that they can do it! If she can do it as a mom to two very little ones, then you can too! Sarah's C'est La Vie Mom MomentSarah's adorable mom moment is just the epitome of working from home. She chooses to roll with the punches, put her kids first, and you know what? It all worked out in the end! Tune in to hear her cute story. Stay in Touch with Sarah |
Tue, 14 July 2015
There are so many things I love about Rebecca's story and business.
Isn't this encouraging, Mamapreneurs?! I think it's so easy to look at those ahead of us and assume their success came overnight. That's hardly ever the case. I love that Rebecca worked really hard for several years before her business became profitable. It encourages me to continue marching forward. Progress over perfection. I love the fact that Rebecca's business is profitable and doing great, but it's also missional. Don't be afraid to take your own path, Brilliant Business Moms. Do what you're called to. Live with purpose. The rest will follow. Don't sacrifice quality to make a buck. When you create something great, you can stand behind your products and your prices with confidence. I'm only scratching the surface with this intro. Let's dig in! On the Podcast01:14 - The Accidental Entrepreneur Press Play on the Podcast Player below to hear the full interviewThe Accidental EntrepreneurRebecca describes herself as an accidental entrepreneur, because she never set out to start a business. It turns out that she absolutely loves it and has a knack for it too! Rebecca's bag journey, (as she calls it!) started when she and her husband moved from Savannah, Georgia to Detroit, Michigan 5 years ago. It was an intentional move because they wanted to live and serve in a diverse community filled with needs. Rebecca had just opened up her Etsy shop at the time and had just one child. Early Steps for Better Life BagsRebecca used two main strategies early on to grow her business.
The Ultimatum3 years into the business, Rebecca was still working for free. She didn't even realize it at the time, but one day, she and her husband sat down at Panera to talk. The business was starting to grow to the point where it encroached on family life a good bit. So he said, "I've done the math. Do you realize you're only making about $2.25 an hour?" Rebecca 's response was, "I don't care! I love it and I'm having so much fun!" Her husband said that was ok at first that it didn't earn money and was just a hobby, but the business had grown to the point where it took up a lot of Rebecca's time. Rebecca had to decide if she'd shut it down, force it to be small, or she could choose a third option and take 6 months to figure out how to give herself a paycheck. The Turning PointAt this point, Rebecca dove head-first into using social media to grow the business. She intentionally sought out bloggers who had large followings that comprised her target customers. So for example, fashion blogs, style blogs, and mommy blogs were a great fit. However, based on her bag prices, she knew it wasn't a good idea to target frugal living or couponing blogs. Rebecca sent bloggers free product in exchange for a review. Her goal was to land about one new account per week, so overall she'd send out about 3-5 bags per month to bloggers for review. She wanted each review to feel organic and for the feature to be something that fit both brands really well. Her strategy worked! In 6 months she was not only able to pay herself well but also hire her first employee! Strategies for GrowthRebecca points to 3 main changes that led to a "nuclear bomb explosion of orders" in her business, as she says!
Pricing your ProductsEarly on, Rebecca just looked around at prices for similar products on Etsy and pulled a number out of a hat. Her early fabric bags were $45. When the business got busier, and she realized she wasn't taking home a paycheck, she had to take a closer look at her prices. When she first added up all of the materials that went into each bag it was shocking to her! At that point, Rebecca did a lot of research online on how to price products. - The prevailing formula on pricing is to add up all the materials. (This is everything that walks out the door with your products, such as fabrics, thread, packaging supplies, business cards, and more.) - Then times that total by 2 and you'll have your wholesale price. - Times that by 2 again and you'll get your retail price. When Rebecca priced her bags that way they were coming in at $350 to $450!! With her current pricing formula, her most expensive bag starts at $225 but her products go all the way down to $18. The bags are still pricey, but it's something that's in reach that you can save up for. They have many customers who save for several months to purchase a bag. Here's Rebecca's current pricing formula: - That price is the bare minimum for pricing her products. - In their case for the few wholesale accounts they have - that's the price they charge the boutiques. - They never go more than times 2 from that point, but they try to get the price very close to times 2. - Within that times 2 price is her manager's salaries, her office space, her internet, and her taxes at the end of the year - along with a ton of other overhead expenses. Rebecca believes in pricing your products well so that people can get paid well and you can do really good things with the money that's coming in. Rebecca's pricing for her bags works because they don't push their wholesale price. They cut out the middle-man in the form of many boutiques selling their products as well as the manufacturing middle-man since they make all their bags locally in Detroit. Rebecca says it's a mixture of science and math and also some experimentation. "Don't be afraid to change your prices," she says. Wholesale versus Retail - Must we Do Both?Rebecca thinks that it's absolutely ok to not do wholesale. There's a lot of pressure for shop owners to pursue wholesale. Maybe they hear that everyone else is doing it, or it's the next step to grow their business. Boutiques may be starting to approach them to carry their products. Pick which avenue you prefer doing. Do you enjoy marketing to the customer and dealing with them directly? Or maybe you don't want to market your products to the general public, so you'd rather just make really great stuff and approach boutiques and have them do the selling for you. It's up to you, but focus on one method of selling and do it really well. How BLB became a Missional BusinessIn her third year of business, Rebecca was running out of time to make all of her bags. She had three choices: Shut everything down, find a factory in China to manufacture the bags, or find women locally to make them. Rebecca called her up and they worked together. At first she just did the insides of the bags. She did that so well that she started doing the outsides too. Every week Rebecca would drop off new materials and the woman would give her the completed bags. 6 months into her job, the woman brought Rebecca upstairs to show her something - she was able to buy bunk beds for her children with the money she made from sewing bags. At that moment, Rebecca realized what the power of this business could do for women in her community. They started intentionally hiring after that. On HiringThere are now 16 employees in the Better Life Bags workshop. Most of their hires have been through networking. The first woman they hired knew other women, and Rebecca knew women in their neighborhood who then referred more people. Rebecca even found one of her employees on the street. She was begging for money for bus fare so that she could donate plasma and get paid. She had four children to care for. Rebecca said, "Why don't you come down to our shop and I'll teach you how to cut leather and I'll pay you by the hour for the day." 18 months later this woman is full-time in their office doing far more than cutting leather scraps! "Everyone has come to us who should be here. They've been brought to us by the Lord," says Rebecca. On RiskSarah had a great follow-up question for Rebecca. While her heart says "YAY!" her mind says, "oh my gosh, that's so risky!" She wondered if Rebecca felt that it was risky to hire some of the women she's hired.
One of the ways they keep both in mind is by paying per piece instead of paying hourly. She doesn't have to micromanage her employees. The wage is based on $18/hour, and it's based on how long it takes Rebecca to make a bag at a focused pace. One of their seamstresses makes about $25/hour now because she's so skilled at making her bags and she's motivated to do well. #BLBInternsThe past two summers, BLB has had the same single intern. It was a pretty safe choice for them because this woman was connected to people in the community and going to fashion school in Michigan. This year they decided to go all out for their internship program. They did a shout-out on Instagram saying they were hiring for unpaid internships. The interns would learn about small business, social media marketing, product development. They accepted applications and resumes, set a deadline, and then hired three interns. How did they decide on the interns? Rebecca and her three leadership staff all looked over each application. One great weed-out question was "what are you hoping to learn this summer?" They wanted to make sure what the interns understood what they'd be learning and that it would be a great fit for everyone. Another weed-out method was to stalking the candidate's social media channels. They wanted women who were mission-minded and coming to serve, love on their staff, and they wanted the interns to mesh and gel. And BLB did not want partiers. They looked at Instagram feeds and they narrowed the applicants in half just based on what their feed presented about themselves. It was eye-opening to Rebecca as an employer. What you put out into the world on social media truly matters. BLB really kicked things up a notch by renting the interns an Airbnb place in the city. It's a great little place and it's just down the street from Rebecca. (What a cool internship!) The interns are taking over BLB social media on the weekends and sharing "life as an intern" posts. They're using the hashtag #blbinterns. Rules for Unpaid InternshipsThe biggest rule in hiring unpaid interns is that they can't be doing anything that someone should be paid for. So for example, Rebecca couldn't hire free interns to make products for her or run her social media accounts. The internship is really more about benefitting the interns and giving them a great learning experience. On the other hand, Rebecca finds it beneficial because she may have great people to hire in the future. She gets to see what they're like at work and what their skills are as they try their hand at different things. Why Zero Business or Fashion Training still Equals SuccessRebecca has no formal business training, but she does think her previous degrees and work experiences have helped her a lot. When she first declared a major in college she was fashion merchandising. She had done window displays in high school and really enjoyed it. But 6 months into that major she decided that she really wanted to have a family and fashion merch involves a lot of weekends, nights, and holidays. Rebecca switched to social work next but soon realized that it was just a really difficult field. Finally she switched to elementary education and got her degree in that. She taught for 3 years. Now Rebecca has a business that combines fashion, social work, and lots of teaching! So she has no formal business training or design experience - just a love and a passion for it....and a willingness to read every Google article and listen to every podcast! How She Does ItRebecca says that she has so much help. She doesn't do it all. She has an amazing operations manager who essentially runs the company. One of the best decisions she ever made was to stop working in the business and start working on the business. With an operations manager, Rebecca has the time to just be a mom when she's at home. She doesn't have to print off orders, ship bags, or make sure the seamstresses have everything they need. Rebecca's husband is an EMT, so his schedule always changes. When he's off, Rebecca tries to be off as well, so the three days that she's in the workshop changes each week. Rebecca says, "I feel really blessed that I get to do this for my job, and... it doesn't feel like work to me, which is the best thing ever." Now, she says, if she could just stop checking her email and Instagram when she's not in the office... Instagram MarketingBetter Life Bags does a great job on Instagram. One of the first important decisions they made in regards to the madness of social media was that they chose one platform to do well. They ignored their Twitter account, and Facebook is very second to Instagram. Here's why BLB focuses on Instagram: When Rebecca was on her personal Instagram account scrolling each day, she suddenly found herself at the computer ready to order a baby wrap that she saw on Instagram. And she thought, "woah, how did I get here?" So she studied what that company did to get her to be a buying customer:
Better Life Bags tried to emulate that:
If you're looking to grow your Instagram following and sales, Hilary Rushford has an Instagram class that Rebecca highly recommends. (Beth Anne does too!) Hilary will teach you how to ask important questions about the overall aesthetic of your Instagram feed. What do those 9 photos look like together? Do they look cohesive? Do they look messy? What will make someone push "follow" when they run across your feed? Note - the link above is NOT an affiliate link. We just think the class is great and we're happy to talk about it. I'm not sure when it opens again, but you can sign up so you'll know about her next webinar. Ladies & Gentlemen, The Future Owner of BLB!Rebecca's 4 year-old daughter cracked us up! Ladies and Gentlemen.... meet the future owner of BLB! Stay in Touch with RebeccaBetterLifeBags.com |
Tue, 7 July 2015
We know (in theory!) that email can be a great way to grow our business. But, in practice, it feels overwhelming, and we're fresh out of ideas for doing it well! Kirsten Thompson of the blog Sweet Tea and Saving Grace is going to take us under her wing and give us a renewed excitement for growing and connecting via email. On the Podcast00:59 - From Overwhelmed Blogger to In-Charge Email Marketer Press Play on the Podcast Player Below to Hear Kirsten's Best Email Marketing Advice From Overwhelmed Blogger to In-Charge Email MarketerKirsten has been blogging almost 5 years and started under the name, One Tough Mother. For many years, she tried to keep up with big bloggers and do everything they were doing to grow. Finally, she got burned out. In January of 2014 Kirsten decided to step away from blogging for 6 months. She came back in May 2014 with a completely different focus and re-branded to Sweet Tea and Saving Grace. Kirsten added the business aspect of blogging to her site and offered herself up as a Virtual Assistant to other bloggers in the Fall of 2014. All of her clients were asking her to design their email newsletters for them. They knew email marketing was important, but they didn't know where to start, so Kirsten quickly became the "go-to" person for email marketing. What Re-Branding did for Kirsten's BusinessFortunately, Kirsten retained a lot of her readership through her site's re-branding. She still does craft and DIY projects, but she quit focusing on the numbers and analytics. Instead Kirsten focuses on what her goals are and what she needs to do to achieve her version of success. She no longer gets overwhelmed by watching what other bloggers are doing. While Kirsten's readers just saw a new site and look for her brand, the real change was what happened behind the scenes with her focus and mentality. Monetizing in a Way that Works for HerWhen Kirsten returned to blogging last May, her focus really shifted. Her biggest focus now is engagement with her readers. She loves the community that blogging brings. Her number one goal is to build deeper relationships with her readers and get to know them better. Kirsten wanted to monetize her blog but she didn't want to do it in a way that would be selling out. She didn't want sponsored post to be her number 1 income generator for the blog. That's where being a VA (Virtual Assistant) came in. She's learned so much in several years of blogging so she can help those bloggers who are too busy to do everything or don't know how to do everything. Previously, Kirsten's editorial calendar was crazy full but it wasn't bringing her joy. She was doing tons of sponsored posts and focusing on traffic and pageviews. Now, she's monetized her site in a way that works for her and allows her to focus on relationships and helping others. A Full-Time Job + Blogging - How She Does ItKirsten shared several methods for ensuring that she strikes a balance in her life.
"I think Bloggers put so much pressure on themselves that somebody, somewhere in the inifinte internet is gonna look down on them because they don't get the post up on Monday and it goes up on Tuesday instead." (Isn't that the truth?!) How to Connect with Your Readers in a Personal WayEmail is the best way to connect with your readers and build your business. When you first start blogging, social media is really pushed as where you need to be. But you don't have any real control over who sees what you're putting out there. When you put your information in a newsletter, that's a personal thing. That reader is giving you space in their inbox and they want what you're sending. They've invested time in you. Don't say "email marketing is on my list of things to do." Put it at the top. Put a form on your site to collect email addresses from day 1 of blogging or owning a business. Setting up your email list isn't hard to do, and MailChimp is free until 2,000 subscribers or up to 10,000 emails per month. The Law & Email Newsletters - What You Need to Know
Opt-In Form Ideas and DebateKirsten recommends several places to put your opt-in form, and one recommendation is commonly debated in the blogging community.
Are pop-ups really worth it? Sarah has mixed feelings about using them and potentially irritating readers. If you have mixed feeings about pop-ups, Kirsten says at the very least, try it for 30 days and see what happens. How to Craft a Great Opt-In OfferThere are several things to consider to help you determine the best opt-in offer for your readers or customers.
Kirsten has a great resource with 101 Newsletter Content and Opt-In Offer ideas available to hew email subscribers. You can sign up here to snag your copy. Auto-responder Sequence IdeasThere's not a wrong way to set up an auto-responder sequence, it just depends on your goals. Overall, though, they can be a great way to build trust and authority. Here are two ideas to get your creative juices flowing!
Target, a Sassy 3 year-old, and Stranger Danger!Kirsten's sassy daughter Marley did something pretty outlandish (and hilarious looking back now!) You'll have to tune in to hear the story! Let's just say, your child's tantrum in the store will pale in comparison to this episode.... Stay in Touch with Kirsten
Direct download: Episode209320Kirsten20Thompson_mixdown20final.mp3
Category:general -- posted at: 4:17am EDT |
Tue, 30 June 2015
We've said it before, and we'll probably be saying it until the end of time - partnering with other brilliant people is a GREAT idea when it comes to growing your business. The talents, resources, and influence two or more people can bring to the table can add up to great big results. That's exactly what happened for Stephanie Langford and Erin Odom when they partnered together to form Ultimate-Bundles.com Tune in to hear how their partnership formed, how they leveraged their unique skills, how they market their ebook bundles, and some ideas on tracking sales. On the Podcast01:18 - Stephanie & Erin's Blogging Journey Press Play on the Podcast Player Below to Hear the Full StoryStephanie & Erin's Blogging Journey8 years ago, Stephanie Langford started the KeeperoftheHome.org with a toddler and a baby at home. For a few years the blog was just a hobby. Then her husband wanted to start a music school, so the family went all-out as entrepreneurs. Stephanie worked hard to make the blog more professional and earn an income from it. Erin Odom started TheHumbledHomemaker.com about 4.5 years ago. Erin has been a writer for a long time, and she didn't have a clue about the world of blogs. A friend told her that she should read mom blogs and "oh by the way you should start your own blog and turn it into a business that you can run from home." Once Erin had her second child she started reading blogs while she was up late at night nursing. At the time Erin was freelancing for several local newspapers for work, but she just gave blogging a try. She didn't know if she could turn it into a business, but she secretly hoped that she could! For her first year of blogging, Erin focused on building a community, creating good content, and growing her readership. Three years ago she started to think about monetizing her blog. Erin credits Stephanie with helping her to grow her blog. KeeperoftheHome.org was one of the first blogs Erin read, and she contacted Stephanie to see if she was interested in a guest post. Stephanie accepted her guest post and asked if she'd like to be a contributing writer for her site. Ultimately, Erin became the editor for Stephanie's site, and they later formed Ultimate Bundles together. Stephanie's First E-book BundleStephanie admits that she wasn't the first person to create an e-book bundle. Mandi from Life Your Way started a Simplify Your Family Life Bundle. Stephanie was part of a couple of those as an author of some e-books, but nobody was doing a bundle for the healthy living niche. Stephanie thought, "what if someone could pull together amazing healthy resources like tutorials for creating your own skin care products, cleaning products, and more." Stephanie and her VA pulled that first bundle together. A few weeks before the bundle Stephanie's husband Ryan got on board and wanted to make it really big. He told her that her financial goals were too small! He brought on some sponsors for the bundle and partners who would offer courses and product discounts. They pulled an all-nighter the night before they launched their first bundle and ran into all sorts of glitches and problems, but they got it off the ground, and it was a success! The authors and contributors to the Healthy Living Bundle were so excited that they were making sales. The Langfords were just thrilled to offer something that was an amazing value at a great price, and at the same time they got to support great bloggers. Stephanie says she never could have predicted what would come of that first bundle sale in the Fall of 2012. But in 2.5 years, Ultimate Bundles has grown into a very successful company! Recruiting AuthorsWe assumed that for the very first bundle, it may have been tricky to recruit enough authors and convey the benefits of being part of the sale. Stephanie says there were a lot of back and forth emails. The authors had a lot of questions because they'd never been in an e-book bundle before. It was more complicated in the beginning, but thankfully Stephanie had been in the healthy living niche for a long time, so she already had many great blogging relationships. They had already partnered together on blog carnivals or seasonal events in the past. "Those relationships were really the key to getting something bigger going," says Stephanie. The Pros and Cons of Adding AffiliatesStephanie says that she was nervous about bringing affiliates on board for her first bundle sale. She wanted to make sure the ebook authors benefitted the most from the sale, and she didn't want their contribution to a bundle to be watered down by other people selling it. Ultimately, they did choose to add affiliates for the first bundle sale, and all their bundles sales thereafter. They came up with a solution to really honor each author's contribution. Authors received a bonus so that instead of the organizers (Ryan and Stephanie) taking the extra profit that would have come from the affiliates they instead gave it to the authors who participated in the bundle and gave it to them. This was a win-win because they were able to spread the bundle further, get the authors names and blogs out there into the hands of more readers but still reward the authors in a big way for participating. Erin Joins the TeamErin participated as an author in Stephanie's first healthy living bundle. Erin got the idea for a homemaking bundle not too long after. She was sitting in a MOPS meeting and the speaker was talking about all the roles homemakers play. We're the cooks, cleaners, organizers, oftentimes the educators, and more. Erin sat there thinking, "no wonder I'm overwhelmed!" At the time, she had a 4 year old, 2 year old, and a newborn, and she thought, "what can I do to help other homemakers like me?" She wanted to assemble a group of resources that would help and equip homemakers to fulfill their role even better. She thought about doing a bundle sale similar to Stephanie's, but she didn't want to take her idea, and she didn't want to do it alone because she's not technologically inclined. On the other hand, Erin knew she had a lot of relationships with other bloggers that she could bring to the table. She approached Stephanie, and Stephanie chatted with her husband Ryan about it. They said yes! How to Work out an Agreement for a Business VentureThe Langfords and Odoms didn't go to a lawyer and have an official contract written up, but they did decide on their particular roles and write everything down and agree upon it. Stephanie says that it came down to a lot of conversations about who had strengths in which areas and what made the most sense. They determined how to divide things up so that everyone was equally giving, everyone was equally using their gifts, and everyone was equally benefitting from the arrangement. They had hours and hours of Skype calls trying to figure everything out, getting to know each other better and determining their strengths and weaknesses . Running the very first bundle was a lot of work and truly exhausting. There was only so much Stephanie could do on her own to develop the bundle and make it an event that she was proud to put on. But with 3 people - Erin, Ryan, and Stephanie - they were able to accomplish much more. Even early on, both Stephanie and Erin had VA's helping them. Now they've expanded the team even more to include someone doing customer service and someone who does the back-end technical stuff. They've also hired graphic designers and copywriters. "That's really the only way that any business can continue to grow and develop successfully is by realizing that you can't do it all on your own and bringing on other people who have strengths that are different than yours," Stephanie says. How to Find Great HelpWhile some people recommend Elance or Odesk to find outside help, Stephanie and Erin both recommend reaching out to your networks. They've both been involved in so many different blogging groups that it's been easy to find most of their team members this way. Many of their team members have been bundle authors, one of their main staff on Ultimate Bundles right now is Mandi Ehman who already had experience running her own bundle sale! This isn't to say that there haven't been struggles when it comes to hiring. They've had to hire outside of their network on occasion, and in these cases it seems to be less predictable on how the relationship will work out. They've gone through a lot of copywriters over the last few years. Sometimes it does take trial and error before you find the right staff, but working with the connections you already have, when possible, does make it easier. The Most Popular BundleWe were curious about which bundle, between Healthy Living, Homemaking, and DIY has been the most popular. Stephanie says that the Healthy Living Bundle is the one where they've had their best sale ever, but it's still hard to say since the DIY bundle is brand new and they have more established relationships with authors in the healthy living and homemaking niches. Keep your eyes and ears open, because Ultimate Bundles just completed their Digital Photography Bundle, and they have a Business Survival Bundle coming this Fall :) Tips on Recruiting AuthorsErin is the relationship-building Queen, and since she's recruited the authors for all but the very last bundle, we had to get the inside scoop on how to approach them and build great relationships.
Thankfully, Erin rarely gets told no, but one of the hardest parts of her jobs is turning people away. During the last sale she had to turn more than 100 people away. The more they grow the more strict they have to be on the quality of the e-books and products included. They want to put together the best product possible, so that means they can't include everyone. How to Decide which Books to IncludeMandi Ehman is now the point person for book selection, but for the past several years Erin has done all the vetting for homemaking and healthy living. She has VA's that help her to go through the books but Erin is the ultimate decision maker. Often if they're down to a few choices and Stephanie and Erin will get on Skype to look over the books together and make the final cuts. Erin says It's almost like moving around pieces on a chess board. They look at the overall bundle and the different categories. If there are too many books in one category, they may have to pass on some. They also look at the platform size of the blogger contributing although that's not the only factor. We were curious about whether or not Erin enjoyed reading all the submissions she receives. She said it's fun. She always tries to keep the customer in mind. She and Stephanie are their ideal customer so they always consider what they would like. Erin also loves building relationships with authors. Why Ultimate-Bundles Can't Include Every BookUltimate-Bundles has really expanded its offerings with each bundle sale. The first-ever healthy living bundle only had 33 books. That was more common at that time. When Erin came on board for the Homemaking bundle, her ENFP personality shone through, and she had so many books for Stephanie and Ryan to consider. They were getting overwhelmed with close to 100 books for the bundle. This is when the brand became Ultimate Bundles, and they try to beat themselves every time. At the same time, they knew there would be a point where there would be overwhelm: Overwhelm for the authors promoting the sale and overwhelm for the readers buying the bundle. What they wanted to do was create an amazing resource library - an essential library for whatever the given topic was. They also want to build a relationship with the authors and be able to support them well through the sale, and that would be impossible if Ultimate Bundles included every single book. Marketing Strategies for Affiliates and AuthorsStephanie and Erin shared a lot of great tips on making sales.
Overall, Stephanie and Erin know that their email lists are where they make the most sales, so they focus their efforts there. How to Track SalesAt Ultimate Bundles, they use Infusionsoft for advanced link tracking. Even their affiliates can use a different link on their blog posts versus email versus social media. Then you can really see where your sales are coming from. If you're not equipped to track a click all the way through to a sale, you can use bit.ly or pretty links to determine where you are getting the most clicks, and this should be a pretty good indicator of sales. Just use a different link for each place where you mention the product or sale that you're promoting. Funny Mom MomentsBoth Erin and Stephanie's daughters had some funny things to say! You'll have to tune in to hear their stories :) Stay in Touch with Erin and StephanieStephanie: KeeperoftheHome.org Erin: TheHumbledHomemaker.com We've said it before, and we'll probably be saying it until the end of time - partnering with other brilliant people is a GREAT idea when it comes to growing your business. The talents, resources, and influence two or more people can bring to the table can add up to great big results. That's exactly what happened for Stephanie Langford and Erin Odom when they partnered together to form Ultimate-Bundles.com Tune in to hear how their partnership formed, how they leveraged their unique skills, how they market their ebook bundles, and some ideas on tracking sales. On the Podcast01:18 - Stephanie & Erin's Blogging Journey Press Play on the Podcast Player Below to Hear the Full StoryStephanie & Erin's Blogging Journey8 years ago, Stephanie Langford started the KeeperoftheHome.org with a toddler and a baby at home. For a few years the blog was just a hobby. Then her husband wanted to start a music school, so the family went all-out as entrepreneurs. Stephanie worked hard to make the blog more professional and earn an income from it. Erin Odom started TheHumbledHomemaker.com about 4.5 years ago. Erin has been a writer for a long time, and she didn't have a clue about the world of blogs. A friend told her that she should read mom blogs and "oh by the way you should start your own blog and turn it into a business that you can run from home." Once Erin had her second child she started reading blogs while she was up late at night nursing. At the time Erin was freelancing for several local newspapers for work, but she just gave blogging a try. She didn't know if she could turn it into a business, but she secretly hoped that she could! For her first year of blogging, Erin focused on building a community, creating good content, and growing her readership. Three years ago she started to think about monetizing her blog. Erin credits Stephanie with helping her to grow her blog. KeeperoftheHome.org was one of the first blogs Erin read, and she contacted Stephanie to see if she was interested in a guest post. Stephanie accepted her guest post and asked if she'd like to be a contributing writer for her site. Ultimately, Erin became the editor for Stephanie's site, and they later formed Ultimate Bundles together. Stephanie's First E-book BundleStephanie admits that she wasn't the first person to create an e-book bundle. Mandi from Life Your Way started a Simplify Your Family Life Bundle. Stephanie was part of a couple of those as an author of some e-books, but nobody was doing a bundle for the healthy living niche. Stephanie thought, "what if someone could pull together amazing healthy resources like tutorials for creating your own skin care products, cleaning products, and more." Stephanie and her VA pulled that first bundle together. A few weeks before the bundle Stephanie's husband Ryan got on board and wanted to make it really big. He told her that her financial goals were too small! He brought on some sponsors for the bundle and partners who would offer courses and product discounts. They pulled an all-nighter the night before they launched their first bundle and ran into all sorts of glitches and problems, but they got it off the ground, and it was a success! The authors and contributors to the Healthy Living Bundle were so excited that they were making sales. The Langfords were just thrilled to offer something that was an amazing value at a great price, and at the same time they got to support great bloggers. Stephanie says she never could have predicted what would come of that first bundle sale in the Fall of 2012. But in 2.5 years, Ultimate Bundles has grown into a very successful company! Recruiting AuthorsWe assumed that for the very first bundle, it may have been tricky to recruit enough authors and convey the benefits of being part of the sale. Stephanie says there were a lot of back and forth emails. The authors had a lot of questions because they'd never been in an e-book bundle before. It was more complicated in the beginning, but thankfully Stephanie had been in the healthy living niche for a long time, so she already had many great blogging relationships. They had already partnered together on blog carnivals or seasonal events in the past. "Those relationships were really the key to getting something bigger going," says Stephanie. The Pros and Cons of Adding AffiliatesStephanie says that she was nervous about bringing affiliates on board for her first bundle sale. She wanted to make sure the ebook authors benefitted the most from the sale, and she didn't want their contribution to a bundle to be watered down by other people selling it. Ultimately, they did choose to add affiliates for the first bundle sale, and all their bundles sales thereafter. They came up with a solution to really honor each author's contribution. Authors received a bonus so that instead of the organizers (Ryan and Stephanie) taking the extra profit that would have come from the affiliates they instead gave it to the authors who participated in the bundle and gave it to them. This was a win-win because they were able to spread the bundle further, get the authors names and blogs out there into the hands of more readers but still reward the authors in a big way for participating. Erin Joins the TeamErin participated as an author in Stephanie's first healthy living bundle. Erin got the idea for a homemaking bundle not too long after. She was sitting in a MOPS meeting and the speaker was talking about all the roles homemakers play. We're the cooks, cleaners, organizers, oftentimes the educators, and more. Erin sat there thinking, "no wonder I'm overwhelmed!" At the time, she had a 4 year old, 2 year old, and a newborn, and she thought, "what can I do to help other homemakers like me?" She wanted to assemble a group of resources that would help and equip homemakers to fulfill their role even better. She thought about doing a bundle sale similar to Stephanie's, but she didn't want to take her idea, and she didn't want to do it alone because she's not technologically inclined. On the other hand, Erin knew she had a lot of relationships with other bloggers that she could bring to the table. She approached Stephanie, and Stephanie chatted with her husband Ryan about it. They said yes! How to Work out an Agreement for a Business VentureThe Langfords and Odoms didn't go to a lawyer and have an official contract written up, but they did decide on their particular roles and write everything down and agree upon it. Stephanie says that it came down to a lot of conversations about who had strengths in which areas and what made the most sense. They determined how to divide things up so that everyone was equally giving, everyone was equally using their gifts, and everyone was equally benefitting from the arrangement. They had hours and hours of Skype calls trying to figure everything out, getting to know each other better and determining their strengths and weaknesses . Running the very first bundle was a lot of work and truly exhausting. There was only so much Stephanie could do on her own to develop the bundle and make it an event that she was proud to put on. But with 3 people - Erin, Ryan, and Stephanie - they were able to accomplish much more. Even early on, both Stephanie and Erin had VA's helping them. Now they've expanded the team even more to include someone doing customer service and someone who does the back-end technical stuff. They've also hired graphic designers and copywriters. "That's really the only way that any business can continue to grow and develop successfully is by realizing that you can't do it all on your own and bringing on other people who have strengths that are different than yours," Stephanie says. How to Find Great HelpWhile some people recommend Elance or Odesk to find outside help, Stephanie and Erin both recommend reaching out to your networks. They've both been involved in so many different blogging groups that it's been easy to find most of their team members this way. Many of their team members have been bundle authors, one of their main staff on Ultimate Bundles right now is Mandi Ehman who already had experience running her own bundle sale! This isn't to say that there haven't been struggles when it comes to hiring. They've had to hire outside of their network on occasion, and in these cases it seems to be less predictable on how the relationship will work out. They've gone through a lot of copywriters over the last few years. Sometimes it does take trial and error before you find the right staff, but working with the connections you already have, when possible, does make it easier. The Most Popular BundleWe were curious about which bundle, between Healthy Living, Homemaking, and DIY has been the most popular. Stephanie says that the Healthy Living Bundle is the one where they've had their best sale ever, but it's still hard to say since the DIY bundle is brand new and they have more established relationships with authors in the healthy living and homemaking niches. Keep your eyes and ears open, because Ultimate Bundles just completed their Digital Photography Bundle, and they have a Business Survival Bundle coming this Fall :) Tips on Recruiting AuthorsErin is the relationship-building Queen, and since she's recruited the authors for all but the very last bundle, we had to get the inside scoop on how to approach them and build great relationships.
Thankfully, Erin rarely gets told no, but one of the hardest parts of her jobs is turning people away. During the last sale she had to turn more than 100 people away. The more they grow the more strict they have to be on the quality of the e-books and products included. They want to put together the best product possible, so that means they can't include everyone. How to Decide which Books to IncludeMandi Ehman is now the point person for book selection, but for the past several years Erin has done all the vetting for homemaking and healthy living. She has VA's that help her to go through the books but Erin is the ultimate decision maker. Often if they're down to a few choices and Stephanie and Erin will get on Skype to look over the books together and make the final cuts. Erin says It's almost like moving around pieces on a chess board. They look at the overall bundle and the different categories. If there are too many books in one category, they may have to pass on some. They also look at the platform size of the blogger contributing although that's not the only factor. We were curious about whether or not Erin enjoyed reading all the submissions she receives. She said it's fun. She always tries to keep the customer in mind. She and Stephanie are their ideal customer so they always consider what they would like. Erin also loves building relationships with authors. Why Ultimate-Bundles Can't Include Every BookUltimate-Bundles has really expanded its offerings with each bundle sale. The first-ever healthy living bundle only had 33 books. That was more common at that time. When Erin came on board for the Homemaking bundle, her ENFP personality shone through, and she had so many books for Stephanie and Ryan to consider. They were getting overwhelmed with close to 100 books for the bundle. This is when the brand became Ultimate Bundles, and they try to beat themselves every time. At the same time, they knew there would be a point where there would be overwhelm: Overwhelm for the authors promoting the sale and overwhelm for the readers buying the bundle. What they wanted to do was create an amazing resource library - an essential library for whatever the given topic was. They also want to build a relationship with the authors and be able to support them well through the sale, and that would be impossible if Ultimate Bundles included every single book. Marketing Strategies for Affiliates and AuthorsStephanie and Erin shared a lot of great tips on making sales.
Overall, Stephanie and Erin know that their email lists are where they make the most sales, so they focus their efforts there. How to Track SalesAt Ultimate Bundles, they use Infusionsoft for advanced link tracking. Even their affiliates can use a different link on their blog posts versus email versus social media. Then you can really see where your sales are coming from. If you're not equipped to track a click all the way through to a sale, you can use bit.ly or pretty links to determine where you are getting the most clicks, and this should be a pretty good indicator of sales. Just use a different link for each place where you mention the product or sale that you're promoting. Funny Mom MomentsBoth Erin and Stephanie's daughters had some funny things to say! You'll have to tune in to hear their stories :) Stay in Touch with Erin and StephanieStephanie: KeeperoftheHome.org Erin: TheHumbledHomemaker.com
Direct download: Episode209220Erin20Odom202620Stephanie20Langford_mixdown.mp3
Category:general -- posted at: 4:00am EDT |
Tue, 23 June 2015
If you've been blogging or Etsy selling for a while now, you've probably polished quite a few skills in the process. Have you ever considered taking one of those specialized skills and turning it into a business all its own? That's exactly what Kate Ahl did with Simple Pin Media. As a contributing blogger and VA, she learned the ins and outs of Pinterest to help grow the site, Frugal Living Northwest, then she took her skills on the road and started her own Pinterest service company. Simple Pin Media helps bloggers and small business owners promote their brand on Pinterest so they are freed up to create awesome content that serves their readers, customers, and clients. When it comes to rapidly-growing businesses, I tend to picture a cut-throat, extremist CEO running the ship. Kate couldn't be further from that image! She's kind, people-oriented, and has grown her business through referrals by genuinely caring for each client and employee she brings under her wing. You're gonna love Kate. Press play on the podcastplayer below to hear her story! On the Podcast01:09 - Unemployment was Running Out, So Here's What Kate Did... Unemployment was Running Out, So Here's What Kate Did...About four years ago Kate started working with a friend of hers who owned Frugal Living Northwest. Three years into her role as site contributor, Kate's husband lost his job. As they approached the end of unemployment, they knew Kate's part-time salary wasn't going to be enough to support their family of five. This was in early 2013. Facebook was changing its algorithm and people were flooding to Pinterest. Kate's friend, Angela Davis, suggested that Kate become a Pinterest manager and manage people's business pages on the site. In January of 2014 Kate got a friend to help her create a website for her new business, then she started her client list with 2 blogging friends of Angela's. Kate said to them, "I will take you on as beta clients, and if this doesn't work, we're just gonna pretend it never existed!" Kate was ready for the business to fail but she also really wanted it to work because her family needed the income so badly. (I think you can figure out how this one ends!) An Unexpected ServiceThe main benefit that Simple Pin Media provides is that bloggers and business owners don't have to worry about Pinterest. They can focus on their readers and followers because that's what will last forever. What Kate really provides - beyond more followers and pageviews, is the relief of someone walking alongside the blogger. They don't have to navigate a confusing form of social media alone. The Simple Pin SolutionSimple Pin Media has several different packages depending on a business owner's budget and needs. No matter which package a business owner chooses, the essence of what Simple Pin does is take exactly who that blogger or business owner is, and pin pins that are 50% their content and 50% content that fits their brand. Each client starts the process by filling out a branding form so Simple Pin knows just what they should or shouldn't pin for them. Oftentimes, Simple Pin will clean up board covers and chance the location of boards. They may re-do the titles and descriptions of boards so that they're optimized not just for Pinterest but for Google too. Simple Pin maintains a business' Pinterest account by keeping it fresh and keeping it active. Kate says that consistency is key when it comes to being successful on Pinterest. Keep your Personal Pinterest Account or Start Fresh?Many new bloggers and business owners wonder if they can keep all of their personal boards, pins, and followers when they decide to launch their new site or business. It can feel so daunting to start a social media account from scratch. What does Kate think about transitioning a personal Pinterest account to a Business account? On the other hand, if your new business is completely different than what you pin about (for example, you're starting a cat toy business and you've never pinned a single thing about cats!) then it's best to just start fresh with a brand new Pinterest account and page. What if you can't decide? Kate says a great rule of thumb is to ask yourself, "If I was to sell my business today, would I be able to sell this Pinterest account right along with it?" If the answer is no because there's too much of "you" wrapped up in that account, chances are it's not the right account to use for your business. If you're not willing to give up your Pinterest page, then you should consider keeping that page for your personal use and starting fresh with a new business-only Pinterest page. The Secret Scoop on Secret BoardsThere are several great reasons to use secret boards on Pinterest:
Secret Tip: A way to pin to 2 accounts at once. Pinterest doesn't make this easy, but there is a trick within Tailwind. You can add both accounts into the scheduling program, and from there, as long as you're logged into one of your Pinterest accounts, you can add pins to either one. A Comparison of Pinterest ToolsViralTag - Pin and schedule content from anywhere on the web. The pin number is unlimited. Cost: $29/month. Tailwind - Same batch pin scheduling, but Kate prefers their analytics. Tailwind also has smart scheduling so they'll pick the best times for your pins to go out. Price: $15/month and a limit of 400 pins per month. Or pay annually for $119 ($10/month) and get unlimited pins. Ahalogy - Functions like a sub-Pinterest for only a select number of people. If you're approved to be a content partner. (There are only about 1,500 or so) then your content is shown to brands who can use your content on Pinterest or their own site and potentially pay you for that content. However, as a user, you're severely limited by the content selection and what you can pin from Ahalogy. For Kate, it's a new window of exposure for her client's content. Board Booster - Great program for Pinners who want to set Pinterest on Autopilot. You set up a campaign and then Board Booster loops through content that you already have on a given board. It can take a long time to set up and be confusing, but the program is still fairly new. It doesn't work well if you want to continually discover new content to pin. Price: First 100 pins are free. After that, the monthly plans come out to 1 cent per pin. (ex. $5.00/month for 500 pins) Pinterest StrategyKate's biggest tip in regards to killing it on Pinterest is to be consistent. You need to be fresh, active, and curating great content. With so many things on our to-do lists, how can we realistically be consistent with Pinterest? Kate recommends getting on Pinterest for a few minutes in the evening while you're relaxing. Some people pin for 10 minutes per day, 3 times per day, but if that feels like too much, just use a pin scheduling tool to ensure that you're pinning at least 20 pins per day. You can get on Pinterest once a week and schedule out those 20-45 pins per day for the whole week. We can all find one hour per week to devote to Pinterest. The Person Who Helped Kate Grow her BusinessIn November of 2014 Kate hired a business coach. She felt like she was tripping over her feet. She was in the middle of growing her team and had lots of ideas on what she could do with her business, but she didn't have a good foundation for it. Kate's business coach has helped her to think clearly and strategically about how to put a foundation in place that would allow her business to be a well-oiled machine. Kate found her coach via a friend who was working with him. She emailed the coach and said, "I'm a mess. I need help." They started working together the next week and they're still meeting twice a month. People over ProficiencyKate now has a team of 11 women in the Portland area. Her first hire was in July of 2014, and she chose an artistic, creative friend to help her find outside pins. Her friend knocked it out of the park! Since then, she's hired her team members based on referrals from friends. The first thing Kate asks someone when she gets a referral is "tell me about who they are? Tell me what their strongest asset is?" If the answer is, "they're loyal, they're dependable, they're trustworthy, and they're hard-working" then Kate is sold! She can teach a team member how to do what she does, but finding someone with good character is not so easy. As long as a team member is consistent, asking Kate questions, and committed to their client, Kate knows they're on the right track. The benefits of hiring local. Kate loves having a team that's local to Portland so they can meet twice a year to talk about what's going on with each of their accounts. Most of the Pinterest strategy comes from Kate, but she also wants to give each staff member the freedom to try new strategies and really see what works best. In between in-person meetings, Kate's staff members communicate via a private Facebook group. A Typical Day for an Atypical FamilyKate schedules blocks of time to work Monday through Friday from 8 AM to 1 PM. During the week, Kate's daughters are both in school most of the day. Kate's husband is a traveling preacher, so he's generally not working on Mondays and Tuesdays. On Mondays and Tuesdays Kate husband and her son pal around together while she's working. Wednesdays through Friday Kate shares a sitter with a friend. Her son gets to go over to a friend's house and have a great time, and Kate gets a great deal on childcare. The evenings are sacred family time. No computers. No screens. Kate may pop on the computer in the evening after the kids go to bed but that's rare these days. When she was both a blogging contributor and running Simple Pin, life was a bit crazier!
How Kate Wows her ClientsAs a nurturing personality-type, it comes naturally to Kate to foster her client relationships. Her business is not on autopilot. She touches base with them in many ways:
Why We're Our Own Worst EnemyDespite Kate's business success and great feedback from her clients, Kate can still be her own worst enemy sometimes. She gets discouraged and begins to doubt herself from time to time. She questions whether people find her services valuable and whether they really want more information from her. (Isn't this true of so many of us Mamapreneurs? It can be a daily battle!) Kate's Funny KidsYou'll have to tune in to hear Kate's son's funny antics! Stay in Touch with KateKate's New Course: Pinterest 101: How to Set Up Your Pinterest Page for Success
Direct download: Episode209120Kate20Ahl20final_mixdown20final.mp3
Category:general -- posted at: 4:04am EDT |
Tue, 16 June 2015
Do you ever think about all the money and time you spent on college and higher education and wonder if it was worth it? You may be able to leverage the power of your education and experiences in ways you wouldn't expect! That's exactly what Racheal Cook did. She took her MBA and consulting experience and switched gears from working with huge companies to working with small yoga studios. She designed a business that fit her life as a mom to three young kids, but she didn't have to start from scratch. She leveraged the power of her previous job experiences, set up free sessions which filled her client docket, and ultimately created and marketed a super successful online program. On the Podcast01:10 - How Racheal Used her MBA to Start her Own Business Press play on the podcast player below to hear Racheal's Story along with her best advice for mamapreneurs. How Racheal Used her MBA to Start her Own BusinessRacheal started her career path as a typical "Type A" achiever. She walked out of her MBA program thinking she'd ultimately be a COO or CEO somewhere. As a newlywed, she realized she was spending more time at the office than with her new husband. Sunday was her only day off and she usually slept away most of the day because she was so exhausted! One of Racheal's goals was to be a mom, and she wanted to be a young mom. She realized she didn't want to take on the traditional career route of waiting to have kids until after age forty while she focused on work. Her first business, the Yogipreneur started a bit by accident. She was focused on taking care of herself and took a leave of absence from her corporate work. She started doing yoga regularly, and her yoga instructor asked if she would look at her business and tell her how she could turn her things around to become a profitable yoga studio. Previously, she worked only with very large businesses as a consultant. Racheal's work with her yoga instructor evolved into the Yogipreneur where she works with yoga and health-minded businesses to grow and be profitable. How Becoming a Mom Shaped her Business DesignRacheal says that becoming a mom has been the biggest catalyst for the way she does things now. When she first started working with yoga studios she used the same consulting model she had used in the corporate world. She would travel to the studios and spend lots of time on the ground observing their systems, finances, and getting to know their businesses in person. Racheal's business model had to change after she became pregnant for the first time... with twins! Her pregnancy was complicated, and she was on bed rest from 26 weeks until delivery at 37 weeks. She had to figure out how to work without having to travel, so she took her business online and did everything via Skype, phone calls, in addition to online webinars and programs. Racheal has created a lifestyle business where she can be home with her kids. She now works about 25 hours per week instead of the 80 hours she used to work in the corporate world. (Love it!) Getting her First ClientsRacheal's business grew solely by referrals early on. She worked with her teacher at yoga studio in Richmond, VA and after she was able to turn things around for her within a few months, this studio owner knew a bunch of other yoga studio owners! She'd let her friends know that Racheal helped her so much and tell them to get on the phone with her! Racheal worked with different yoga studios for 6 months at a time, then she'd move on to the next referral. Even with so much emphasis placed on social media, chances are your new visitors are finding your website because one of their friends pinned something from you or shared one of your articles on Facebook. The power of referrals is still very much at work! The Pros and Cons of Niche-ing DownThe Pros A lot of people resist nicheiing down as they're afraid it will turn people away, but Racheal has found the exact opposite to be true in her business. If you're working online and geography no longer matters, then being in a niche is what makes you easier to find online. It makes you more memorable. Racheal contends that having a clearly defined niche caused the Yogipreneur to grow so quickly. She wasn't just another yoga business coach under her own name her whole business was branded for yoga. Visitors to her sit instantly knew whether they were in the right place. The Cons (although not really!) Your niche may evolve over time. Racheal has been running the Yogipreneur since 2008, and only 40% of her current clients have yoga businesses. The rest are life coaches, wellness providers, or have other creative businesses. This doesn't mean she needs to abandon everything; it just means what she's talking about is resonating with people. A Great Example of Niche-ing Down then Scaling Up The Huffington Post started out as a very specific type of blog: a political blog. But now they cover absolutely everything on their site. You can cut your teeth in a small market and become known in that space, then once your roots are established, allow yourself to branch out. (Great advice! Your niche doesn't have to limit you - it can help you to grow!) What is the SBA All About?When Rachael cut her teeth in consulting 10 years ago she worked for the SBA (Small Business Association) for a program called entrepreneurial initiative. Every town that's decent-sized has an SBA and some level of support for business owners. You can go in and get free or inexpensive business resources and advice. They'll help you figure out whether you should be an LLC or an S-Corp. They'll have access to resources to help you do market research. There are people at your local SBA who are incredibly knowledgeable about your area. Rachael worked with bio-tech start-up companies to prep them for their first round of angel investing. She had access to hundreds of thousands of dollars of industry research. She could help them write a business plan or figure out what kind of funding made sense for them. SCORE is another great organization that's filled with retired executives who provide mentorship to new start-ups and new companies. They'll look over your business plan and introduce you to people you should know in your industry, among many other things. Racheal's Hardest Year in BusinessAlthough Racheal started her business in 2008, she didn't go online until the end of 2010 as her twins were turning one. This was her hardest year in business. She had a website but didn't have a clue what it was supposed to be doing for her other than look pretty! Her website designer asked if she wanted a newsletter sign-up form, so over a couple of years she grew a little newsletter list even though she never emailed them. By 2010, Racheal had run out of all of her savings from her corporate work. When she first started the Yogipreneur, she wasn't concerned about profit . She just wanted to work with enough people to prove that this was a niche she could serve. But after you have kids the need to make real money can change drastically! She knew she had to start turning a profit. Her husband's English teacher salary only brought in $3,000/month for the family. So with babies still breast-feeding, no family in the area to help babysit, and no extra money to invest in the business, Racheal decided that she was going to make things work online. The first thing she had to do was figure out childcare... but she had no money to spend on it so she got creative. Racheal and another twin mom in the city shared a babysitter. She'd spend a few hours at Racheal's house 2 days per week and a few hours at her friend's house. Even that babysitting money felt like a big stretch at the time. Beyond finding her customers and turning a profit, Racheal says her first year in business was tough because she had to learn a lot about technology. It was a steep learning curve. She didn't have money to spend on a new site. So 2010 was a lot of hustle, but by the end of the year she had a lot of new skills. She can now design and develop pretty much any website she needs! By the end of her first 12 months in online business Racheal launched her first online program and made $50,000. She was able to break 6 figures in her business in that first year. (Wow! Work it, Racheal!) How to Use Free Sessions to Get ClientsRacheal has two great tips to ensure that your free sessions are effective in building your business and not time-wasters for you.
The Benefit of Being Choosy with ClientsRacheal cautions against accepting anyone and everyone who will pay you. It's very difficult when you're looking at your children thinking, "I have to get food on the table this month" but if you have this mindset of "I'll do anything to make money," you'll end up dreading your work and your clients. You may end up with clients who don't respect boundaries, clients who always have excuses for why they can't do what you're recommending they do, or clients who expect you to be Google for them. When Racheal is Choosey about Her Clients They:
How to turn Down Clients GracefullyRacheal shares 3 main steps for turning down clients in a way that doesn't alienate, but rather continues to build strong relationships and provides value.
Even those individuals that Racheal has turned down in the past will send her new clients because they now understand her more and what she does and they trust and respect her because of her positive interaction with them. Launching and Marketing an Online ProgramRacheal says that her online course took 250 hours to create and record... and another 200 hours to market! How to Market an Online Program
Are Online Programs Passive? Racheal confesses that hers is not! Others have told her to put the program on autopilot, and she tried it once when she was pregnant with her third child, but she hated not knowing who was on the other end of their course. She only takes 50 people at a time for her Conscious Business Design Course, and live coaching calls, email coaching, and a very active private Facebook group are included in the course. Racheal also has two success coaches who are alumni of the program who make sure everyone in the course gets the help they need. How to Use a Challenge to Grow your BizRacheal's Fired Up and Focused Challenge has been a huge success for her business. We were curious as to how it started and why it works so well. The challenge idea began when Racheal was hosting an in-person retreat with one of her private clients and other "yogipreneurs" that she had brought together. Racheal went around the room asking what people wanted to get out of the retreat, and she was prepared to dig into the nitty gritty business stuff like marketing and finances. So Racheal taught her retreat attendees about focus and productivity instead. And people started saying, "Rachel is so great at getting me focused, helping me prioritize, and teaching me what to track for success." She realized that entrepreneurs have no shortage of ideas but they have a shortage of time and a lack of knowing how to prioritize their ideas. How do entrepreneurs make consistent forward motion and get the ball rolling in their business? Many entrepreneurs feel like they're always busy but they're not really getting anything done. We mamapreneurs are pulled in a million directions each day. if we don't have clear priorities and know what drives our business forward, we'll never accomplish what we want to. (I'm definitely pinning this one for later... scratch that... I'm printing it out and hanging it above my workspace!) What Racheal is Most Proud ofThis past year she was able to let her husband quit his job so he could come work with her on the business, and it's been wonderful! As a former English teacher, he makes the perfect editor-in-cheif for her business. More and more, women entrepreneurs are hoping that they can do more than just contribute to their family but really create freedom for their family... whether that means more time together, the ability to travel... you name it! What Did Racheal do that Allowed her Husband to Come Home? When Racheal launched the Fired up and Focused Challenge, it 3xed her business over the year before. The biggest thing she did to replace her husband's income was double-down on what worked. Racheal says it's easy for us to get stuck in our businesses. Instead of focusing on what's working, we have a great win, and then move on to the next idea instead of taking that great win and doing it again. So when Racheal found that the Fired Up and Focused Challenge did so well and helped her sell out her program, she launched it again two more times that year. Then in 2015, Racheal launched the challenge in January, and she just ran it again in May. Racheal isn't trying a bunch of different things. She just focuses on what she knows will work. This frees up her time so she can work on other long-term projects like writing a book. She also spends time doing interviews and writing content for other sites. Racheal's Embarassing Mom Moment!Racheal finally left town as mom to a baby to attend a conference.... I'll let her tell you what happened next on the podcast! Stay in Touch with Racheal
Direct download: Episode209020Racheal20Cook_mixdown20final.mp3
Category:general -- posted at: 3:48am EDT |
Tue, 9 June 2015
From a hobby in a closet to a major business in only a few short years? Jill Donovan has certainly accomplished a lot with her business, Rustic Cuff, which makes beautiful cuff bracelets. Jill's amazing story is laced with the theme of people and their importance in making her dreams a reality. On the Podcast02:50 - The Oprah Show! Press Play on the Podcast Player Below to Hear her Full Story. Jill is so much fun - you'll want to tune in and listen to her tell it in her own words! The Oprah Show!What does the Oprah Show, Canadian etiquette, and mortification have to do with Rustic Cuff’s beginnings? You’ll have to listen to Jill tell this story! Still Handmade?We were so curious, with the huge sales volume that Rustic Cuff does now, are the cuffs still handmade? Jill definitely got to the point where she couldn’t make each cuff herself, so after a year in business she found a work space outside of her home and hired women to help her continue to make the cuffs by hand. Jill now has 22 employees, 6 of whom are dedicated to the handmade production of each cuff. Strategies to GrowEarly on Jill decided she didn’t want to spend money on advertising, she wanted her business to grow in a grass-roots sort of way. She selected 20 celebrities and sent them each several cuffs that she thought they would enjoy. She found beautiful wood boxes and packaged the cuffs in a special way. Jill sent them off and waited to see what would happen. Then one day, she saw Kathie Lee on the Today Show wearing one of the Rustic Cuffs Jill had sent her! Gradually she saw other celebrities wearing them in magazine photo shoots or on TV. Jill has a page on Rustic Cuff dedicated to all of the celebrity sightings of Rustic Cuffs, check it out! Early SalesEarly on, making cuffs was something Jill was just doing for fun. She had given a cuff to a friend who worked at a make-up counter. One day her friend called her to beg Jill to begin selling them because so many of her co-workers and customers wanted to buy one. At first Jill protested, saying she was just making the bracelets for fun. Eventually Jill gave in and made some to sell. Another friend convinced her to have a home party, and she sold 200 the night of the party. Things began to spread by word of mouth at that point. ScalingSometimes Jill says it feels like she is Noah and God handed her a hammer and said I know you don’t like animals or like to build, but I want you to build an ark. I’m not going to show you the whole blueprint. I’m just going to give you one board at a time. Every day Jill just learned what she had to learn for that day. She took growing her business one day at a time, and one plank at a time. Now she is part of Thrive 15 which would have been so valuable when she was plunged into the world of business, and didn't know what she was doing. Thrive 15 is great because you can learn from business mentors in short 15 minute videos on so many helpful topics. Expanding InventoryInventory management can be tricky. You never know how your customers are going to react to a new product offering. Jill has definitely misread in the past and had thousands extra or been thousands short on products. It’s better to have more demand rather than over-spend and have too much product left over. Over time you get enough history and you learn the patterns and get a better idea of how much to buy. Jill would rather be left with people wanting a product that sells out, because the next time a new product comes out, they’ll remember that sometimes items sell out quickly, and they will be primed to buy immediately and not wait. Jill has so many ideas for new cuffs, so sometimes she has to reign herself in and not do everything all at once! Getting Into StoresRustic Cuff can be found in hundreds of stores across the country. For the most part the stores contacted Jill about selling her cuffs in their stores. It's amazing how growth can happen when more and more people wear and love your product. Total SalesHow many cuffs has Jill sold since she started her business? Listen to hear! We were blown away! The Importance of PackagingJill wants to invest money on the front end so that each cuff is presented as a beautiful gift to each person who purchases. Jill's advice: make sure everything you do is better than anybody else and is done with amazing quality. Create packaging that makes you look like a bigger company than you really are. Jill actually changes the packaging a little bit each season so that it stays fresh for her repeat customers. Questions about Starting a BusinessJill gets a lot of questions from people about how to start a business. She points them in the direction of Thrive 15 where they can get great business advice from various mentors in 15 minute video segments. If you use the code RUSTIC you can watch as many videos as you want - free for a month. Jill’s Fun Mom MomentJill’s girls think they are ready to enter the world as entrepreneurs! Listen to hear their declaration!
On BalanceJill doesn’t balance her two worlds, she just merges them! She brings her kids into her business world so that they are not alienated from it. Creating the Ideal Work EnvironmentJill has created a work-place where women have freedom and flexibility to work around their personal schedules and their children’s activities. They can leave work to pick up kids or attend a school event. They can even bring their kids to work, and all the kids hang out together while the moms finish up their day. This fabulous work environment creates a fun atmosphere and inspires a lot of loyalty among employees. Jill always hires people she really likes before she even needs them. She doesn’t hire people because they have a certain skill set. Jill feels that you can train people to do the jobs that need to be done. She tries to figure out what each person enjoys doing and what they are naturally good at. (Jill says she’ll hire both of us at Rustic cuff! If we lived in Oklahoma we'd be on it!)
Find Jill Online
Direct download: Episode208920Jill20Donovan_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 2 June 2015
Do you have a great website idea but getting the project started feels a bit overwhelming? What if you could join forces with other talented women and grow that site faster, with less stress? That's what Gianna Kordatzky of FamilyFunTwinCities.com did. She reached out to two other moms with similar sites in her area, and they came together to form a new site that's become so much more popular and effective than any of their sites did on their own. What could you accomplish if you assembled a great team? On the Podcast01:36 - Making a Home in the Twin Cities Press Play on the Podcast Player Below to Hear the Full StoryMaking a Home in the Twin CitiesGianna and her husband both grew up in small towns, so they never expected to raise their kids in an urban area. As the years progressed and they realized they weren't going anywhere, they decided to truly make the Twin Cities their home. Gianna started a website called Twin Cities Family and used it to figure out what fun things there were to do around town. The Little Email that Led to a Big Site!Two years ago, Gianna was part of a group called Blogging Your Passion by Jonathan Milligan, and he encouraged everyone to connect with others in their niche. Gianna knew of two great sites that kept coming up on Google when she searched for family activities in the Twin Cities. They were FreeFamilyFun.com and TourMoms.com. She thought that the women running these sites were doing a great job. Gianna still remembers the day when she typed out in the Facebook group comments, "I don't have anything to offer them." Jonathan responded that you don't know if you have anything to offer or not until you reach out and see. So Gianna sent an email to the ladies who ran each of these sites and introduced herself and asked if there was a way they could work together to promote each others' sites. Joy who ran Free Family Fun was enthusiastic and wanted to meet. Anne who ran Tour Moms was excited but wasn't able to come to the first meeting. Gianna and Joy met in person and continued to email back and forth. Finally, all three women were able to meet in person. At that first meeting of all three, Anne of TourMoms.com said, "so my husband came up with this idea that maybe we could go in together on one site." Gianna , who's usually a leap-first kind of person, was actually quite hesitant at first because she felt like she didn't know the other ladies yet. She gave them an honest answer: "I don't know, let me think about it." For a month she kept milling things over and asking her husband the same questions a thousand different ways. Then she finally came to the conclusion that it doesn't hurt to try. Gianna got in touch and thanked Anne and Joy for their patience and said, "I think why not - let's do this." FamilyFunTwinCities.com was born in the Spring of 2013. The Growth of Family Fun Twin CitiesThe collaborative site has grown a lot in the past two years. Some days they get more than 2600 hits. On their own, each lady got no more than 500 hits per day on their sites, if that. So together, their effort has led to way more than what they could have accomplished alone. Does a Collaborative Project Mean Ditching your Own Ventures?We were curious about what happened to each woman's individual blog after FFTC was born. Gianna says that they each kept their own blogs for a while. Gianna mostly sent people over to FFTC and Joy of Free Family Fun did something similar. Anne still has her site, TourMoms.com, but she's changed the focus a bit to just cover the fun things she does with her family and refers people over to Family Fun Twin Cities as well. It's great, though, that each woman was able to decide on her own time when and how to transition her own projects. As Gianna said, it doesn't hurt to try, and by slowly transitioning out of their own projects, they gave themselves plenty of time to see if the new venture would work. How to Work TogetherThe FFTC ladies generally communicate via a private facebook group that's just for the three of them. They generally meet in person about every three months but have recently decided to get together more often. How to Divide the WorkGianna says the group has been really blessed to have three ladies who each have different gifts and personality types. Joy is great at keeping things organized. She does the activities calendar for the site, which is its biggest pull. She also works on administrative and behind-the-scenes tasks. Gianna says that she and Anne quickly realized how gifted Joy is at the calendar when she went on maternity leave and they volunteered to take on the project. It's a lot of work, but Joy does it skilfully! Anne is the best writer of the group. Her posts on FFTC are the most popular and get the most hits, so she's the main content creator for the site. Gianna is the most outgoing, so she loves to meet and connect with business owners and help promote the site. Because their differing roles fit their natural talents so well, everyone feels like they're doing what they were meant to do. And they each offer encouragement to each other when things get tough. How to Work Through Differing OpinionsWith three creative women working together, there are bound to be differing opinions from time to time. Thankfully, Gianna says that they've never had a disagreement where someone's feelings got hurt or anyone was accusing of someone else. There have been 1-2 instances where someone had to speak up to make sure everyone is aware that there is someone in the group who doesn't feel comfortable with the way a decision is going. As a whole, Gianna, Joy, and Anne work really hard to understand each other's points of view. Gianna gave an example of how they worked through differing opinions in the past. A company wanted to use the services of FFTC and pay them a minimal amount. At the time, Gianna's family was struggling financially, and all she could think about was that they were going to get money and they need to say yes. Anne and Joy felt that this joint venture wasn't a great fit and would take away from their site. Gianna countered with: "this is an income generator and we need this." Later, she realized that she wasn't trusting God through things, and with time, she was able to look at the situation in a new light and realize that Anne and Joy were right - the venture wasn't a good use of their time and resources. She got onto their Facebook group and said, "you guys are right - we shouldn't do this." Gianna's advice when your team faces a disagreement: Keep talking it out. Don't force a decision to be made until everyone is comfortable with it. The High Points of Working with a Team
Tips for Other Moms who want to Create a Similar Site
How Much Does it Cost to Run a Site About Family Fun?Before they came together to form FFTC, Joy used to do only activities that were free because her site was FreeFamilyFun. Anne didn't spend her own money all that much either. Gianna just paid for things on her own and wrote about them on her blog. Once FFTC was formed, though, Gianna felt the weight of not letting the other women down and keeping their budget low. Since the site was so much better with all three of them working on it, she wasn't afraid to reach out and ask to review events or get tickets for free. Gianna approaches businesses with confidence by letting them know what they can offer in terms of a review and site traffic, and she's confident that they'll do an awesome job! Because of this, FFTC has been able to do every activity they've wanted to do for free! She's very grateful for all the businesses that have supported the site - even down to getting the venue and entertainment for the site's Birthday Party for free! Site MonetizationFFTC is currently working on three forms of monetization.
How to Handle Different GoalsThe women of FFTC have slightly different goals for the site, but because their big goal is the same, it works out just fine. For example, all three women want the site to be successful and become the one-stop shop for families in the Twin Cities. At a lower level, their goals are a bit different. Joy views the site as more of a creative venture. She has a full-time job already, so while she would like income from the site, what she needs most is a creative outlet, and FFTC provides that for her. Gianna and Anne both love working on the site as well, but making an income is a more important goal for them. Even though they've been lucky to get to do so many great, free activities, they'd like a monetary return on their investment of time. All three women love that the site is able to help families and they get to know new people in the Twin Cities all the time. As it continues to grow, everyone's goals should be met! Legal FormationGianna, Anne, and Joy did not make their partnership official for quite some time. They worked on FFTC for a year before they decided whether or not to make things official and continue on with the site. Once they saw that things were going well and they all wanted to continue, Anne's husband, the business guru of the bunch, set the ladies up as an LLC. (I just love that these ladies didn't let paperwork and legalities slow them down. They jumped in, gave things a try, and worked out the details later once they knew the venture was a success.) Gianna's Adorable Mom momentListen to the full episode to hear what Gianna's youngest is doing these days! Stay in Touch with Gianna! |
Tue, 26 May 2015
Today is an exciting day for us! It’s launch Day of the Brilliant Business Planner! We released our related e-book, Time Management Mama: Making Use of the Margins to Pursue Your Passions, a week earlier in the Amazon kindle store. We tried something a little different on the day we released our kindle book, we offered it for free for one day only. Listen in to hear how that went! On the Podcast0:45 – Why we needed a planner to track our personal and business life Why we needed a planner to track our personal and business lifeWe created a planner in order to have a place to track both our personal lives as well as our business plans and results. Our personal planners were becoming a scribbled mess of business deadlines and future plans. Plus we needed a planner that could help us organize our blog deadlines as well as strategize for our Etsy shop and products. Our Brilliant Business Planner hits the mark on all accounts because we designed it ourselves! Launching our e-book in the Amazon kindle storeIt was a spur of the moment decision to offer Time Management Mama for free in the Amazon kindle store, but once we made the decision, we just went with it! How many free downloads of our book?2,363 people downloaded our book for free! That number exceeded our expectations! (To give you some context, we had 1,100 Facebook fans when we released our book.) Top Factors Influencing the Number of DownloadsPrice and TimingThe fact that the book was free, and only free for a limited amount of time was obviously a key reason for the number of downloads. The traction would not have been there without the free price tag plus the one day only limited time offer. These factors were highly motivating. People who liked the book wanted to make sure their friends snagged the deal before it was too late. Involving our audienceIn the course of writing our book, we polled our audience for their best tips and included as many as we could in Time Management Mama. For each tip we included in the book, we linked to the tip giver's website or shop. Our audience felt involved and connected with our book project and wanted to share their name in print with their friends. Keeping our audience updatedOnce we saw that our free book offer was gaining momentum, we kept our audience updated as to how the free day was going. We told them our stats through Facebook posts, Instagram photos and Emails. People were excited with us and continued to share. We sent one final email at 10 PM on launch day letting everyone know that it might be possible to hit 2,000 downloads! We thanked them for sharing and once again, got them really excited to see what would happen. Using a Facebook offerBeth Anne set up a Facebook offer that really added some traction to our free day. The offer feature is in the same place where you add any Facebook post to your page. Create your offer, then select the start and end date. The feature allows people to claim the offer. When they claimed the offer, we had it take them to Time Management Mama on Amazon. The claimed offer shows up in your Facebook notifications. If you claim the offer, Facebook will send you an email to remind you to go grab it before it expires! The Facebook offer reached 5,202 people (we paid $13 to boost the offer), had 59 likes, 47 shares, and 179 people claimed the offer. Our audience really got involved and shared! The social proof factor was also huge – when someone claims an offer, their Facebook friends then see the offer in their newsfeed showing them which of their Facebook friends have also claimed the offer. When people see a popular offer, they often don't want to miss out. The Role Key Influencers PlayedThe day before, we emailed some key influencers and gave them a copy of our PDF book for free. We also mentioned that it would be free in the kindle store the next day if they were interested in reading it in that format. The key influencers were people we had previously interviewed on our podcast, people we wanted to say thank you to. Several of these influencers posted on their blogs that our book was free which we were very appreciative of. Several others shared our news on social media. Results of the free offerSome of the long term results of our decision to give Time Management Mama away for free on launch day are yet to be seen. The number of downloads did significantly help our ranking on amazon in the short term, especially in the highly competitive category of time management. After our free day, Time Management Mama moved to the paid kindle store and our rankings were very good. At one point we were #6 in a time management category and reached #1 in top new releases for time management. Another great advantage of our free day is that a lot of people have our book in their hands! Our book contains various links back to us and to our Brilliant Business Planner, so the potential for new podcast listeners and planner purchasers is high. Note: In order to offer the book for free, we had to be part of KDP select for a 90 day term. Curious to check out Time Management Mama? You can find it in the kindle store. Does our planner sound like just what you need to run your home and business? Learn more about our planner here. What do you think? Are you ready to rock it in the Kindle store? What strategies have you used to market your ebook? -Sarah and Beth Anne |
Tue, 19 May 2015
Do you need a little encouragement? How about some great advice on going from overwhelmed to figuring out what to prioritize next?Maybe you're stressed because your family isn't on board with your great big dreams. Whatever the reason for your extra stress and strain, Kristen Brown offers excellent advice on how to manage stress as an entrepreneur. Creator of The Happy Hour Effect, Kristen Brown is a best-selling author and speaker who walks us through ways to deal with some of the pitfalls we mom entrepreneurs face each day! On The Podcast04:08 - Kristen’s bittersweet story Kristen’s Bittersweet StoryIn 2007, Kristen was unexpectedly widowed. At that time she was in a demanding corporate leadership role, had a 10 month-old baby, and was understandably stressed to the max. It took Kristen a while to figure out her new normal and get re-grounded. She knew she needed to make a change from corporate America, and she realized she needed to do something that made her happy. So in 2009 Kristen made the leap and started The Happy Hour Effect. What is her business all about?Kristen is a podcaster, speaker, and best-selling author who helps people stress less and boost results. She helps people make progress on the things that are most important to them. Kristen says there is no point being busy doing things that are not important to you. Her goal is to help people re-shift their life so that the things that are most important to them take top priority. Kristen’s typical dayThe first thing Kristen does each day is to make sure she is focused on the tasks that will bring her business. The majority of her income comes from speaking engagements. So she evaluates each activity by asking “How is this thing going to bring me income?” As a solo parent and entrepreneur every dollar matters. This isn’t a hobby; it’s a business. (We agree!) Next she moves on to what other people want from her. Prioritizing vs. BusyTake a look at your calendar. How many things on your calendar are you doing out of guilt or because people expect you to? Get those things off your calendar. When you say yes to others, you’re saying no to yourself and your family. Create a life plan. Begin by writing down everything from your calendar and to do list, write it all down so that you can see it all visually. Cross out the things that are not critical to your families’ health, wellness, and happiness. The entrepreneurial mindsetEntrepreneurs often fall into the trap of thinking, "I have to do everything and be everything." In order to have an entrepreneurial mindset, you need to get your life aligned to your business. To align your life, make sure you have your loved ones on board and have the right support network outside your loved ones. Sometimes loved ones don’t “get” what we are doing, so having people in your life who do “get” what you are doing is so important. How to get loved ones on boardIn order to get loved ones on board with your entrepreneurial dreams, you need to show them how it will benefit them. Show your loved one that what they appreciate about your current life will continue, that you will not neglect your current responsibilities or role in the family. It will also help to get some quick wins to prove that you have a viable business idea. Change can be stressful, so you have to bring them along with you slowly. Stress management tipsAs women we often give to others first and sometimes we forget to do fun stuff for ourselves. Put yourself on your calendar. Pencil in some time that is reserved for you that cannot be booked with someone else’s needs. Landing guest appearancesKristen started small when it came to landing television guest appearances. She had to prove that she could entertain a live audience, and started on a small scale initially. She began with her local market, and gradually built up credibility. The small venues were great practice. Kristen also advises us to be ok with being a story teller and ok with sharing your personal story with others. Your personal story differentiates you from others and builds trust. Becoming a great speakerKristen has always been a talker, but she does get nervous before a speaking engagement, and has had to learn to master her mindset and control her nerves. One of the best steps she took to becoming a better speaker was joining the National Speakers Association which has given her the best possible education on becoming a great speaker. What does the happy hour effect mean?When you go to happy hour, there is a marked shift in your mindset, you release the stress of the day and you connect with others on a personal level. You also tend to dream big and get creative. The Happy Hour Effect is about weaving that mindset shift into your everyday. It’s about having peace in the midst of trouble and stress. To get to that place mentally, first begin by being aware of what you juggle in the first place. The next step is to know what is sucking your energy and what is making you happy. Be aware of where you are at the current moment instead of always thinking about what’s next. Create mindful moments throughout the day and course correct if you get off track. Power peesKristen recommends having power pees (as in going to the bathroom!). When you are alone in the bathroom, think about, “What is my mood, how do I feel, what do I need to do to get back on track?” It may be the only quiet moment in your day, so take advantage of it! Kristen’s first speaking gigHer first speaking gig was at a woman’s expo in a small city next to her hometown. They asked her to do a breakout session, which had about 15 attendees. Kristen began to tell her story and broke down crying. She kept pressing on, and finally got through her talk. Afterwards everyone came up and thanked her for being so honest, and shared their personal stories with her. That was the moment she knew that if she could keep her emotions in check that she wanted to continue speaking in order to help others. Happy hour actually started as a failure!Kristen’s company actually started out as a health supplement product, but after she had already sunk in lots of money, she realized it required too much funds to move forward! Kristen was left with lots of unusable product and a big business loan with no way to pay it off. This failure was the beginning of The Happy Hour Effect. Slowly it evolved into helping other people manage stress without a health supplement. Kristen firmly believes that right when you are about to give up is when the miracle is about to happen. You never know when your big break will hit. Keep going. It will work, it just may take a few iterations. A true entrepreneur definedA true entrepreneur, compared to a hobbyist, is resilient through setbacks and manages to keep on going. (Amen sister! We know all of you are true entrepreneurs! Don't give up! You've got this!) Funny mom moment with Magnum PI!Do you have the visual yet? (I certainly do!) Find KristenKristen’s BooksThe Happy Hour Effect: 12 Tips to Minimize Stress and Maximize Life (Note- these are our Amazon affiliate links.)
Direct download: Episode208620Kristen20Brown20final_mixdown202.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 12 May 2015
Do you have a great big business idea, but feel too busy or stressed to get started on it? Maybe you're afraid of how much it might cost to get started, and your bank account isn't exactly overflowing! I have a feeling you're about to get that extra boost of encouragement you need to get moving on your big dream! Lakesha Cole is a military spouse who started her business with $500, and grew it through 3 deployments and a move across the world. No - success didn't happen overnight, but with determination, listening and connecting to her customers, and making wise financial decisions, Lakesha now has a successful children's boutique at SheSwank.com. Learn how to build a boutique as a military spouse, and use that knowledge to build your business no matter what challenges you face! On the Podcast02:04 - The Start of a Beautiful Boutique Press Play on the Podcast Player below to hear her story. Then, get to work on making your dream a reality! The Start of a Beautiful BoutiqueYears ago, Lakesha pursued a career in journalism. She worked for both local governments and the Federal government as a military spouse whose duty station changed regularly. As a military spouse, it's difficult to keep moving forward with your career. It's not always portable, and Lakesha finally decided that she wanted something that was her own. She came up with the idea of starting an online boutique about 6 years ago. In 2009, she began her business selling women's apparel. In 2011, with her five year-old daughter as her inspiration, she branched out into children's apparel. She wanted to introduce her daughter to entrepreneurship from an early age, and Kayley is very involved in their business. She helps them choose products, colors, and patterns for the boutique. After Lakesha created her website in 2009, she started selling to friends and family, and initially her business grew by word of mouth. Connecting with CustomersWith so many online stores to choose from, how did Lakesha set herself apart with SheSwank? Early on, she says that connecting with her customers was so key. Lakesha used her knowledge of what was trending or popular to connect her customers with something stylish, but also got to know her customers enough to point them to an item that was really just for them. Whether it was a dress for a first birthday party or a special necklace for a military homecoming, that personal touch was so key to growing her business. Why You Should Sell at Live EventsIt might sound counterintuitive to sell at live events if your main business model involves an online boutique, but Lakesha has used craft shows, trade shows, and vendor fairs to continue to connect with customers and conduct market research. There are 3 great reasons to attend live events, no matter what your revenue source is:
Tips for Attending Trade ShowsFor anyone who has a business in fashion, apparel, or shoes, Lakesha recommends that you attend the Magic Trade Show in Las Vegas. It's the "who's who" of fashion, with everything from the fabric you need to produce product to finished products that you can buy for your shop. All the best designers are there. Even if you're not in a position to buy, it's a great opportunity to network and to see what's trending in your industry. Staying on top of trends is so important for anyone in retail. Did you know that Magic is free to attend if you're a qualified buyer? How cool is that?! Is it possible to buy in small quantities at such a big trade show? Lakesha says that purchase requirements really vary from designer to designer. You just have to find the ones who will work with you. She didn't start buying in large quantities until just 2 years ago. She sought indie designers who didn't mind selling smaller quantities to her so she could see if her customer base liked it. Then she would develop a personal agreement of how she would buy in larger quantities from the designer. Lakesha encourages other new entrepreneurs: "Don't discount yourself as the little man." Take a year to explore and see how these transactions happen and then next year come back with a plan for how you can participate in the buying process. Start-Up Funds for a Boutique BusinessStarting a boutique business from scratch sounds like it could be expensive. Did it take a lot of funds for Lakesha to acquire her first round of inventory? Lakesha started her business with a $500 investment from her husband's E-6 paycheck. She started small so she could test out her plan before she really invested a ton of money into the idea. Lakesha purchased her domain name and website template, and hired someone to design the logo. Then she hopped in her car in Oceanside, CA and drove north to the garment district in L.A. She walked the garment district for hours trying to figure out which shop she would buy from and who would allow her to purchase the largest amount of merchandise for the least amount of money. That initial investment of $500 has paid off in a big way! Product PhotographyLakesha has some beautiful product photos on her site. She got them in 2 ways:
Subscription Boxes for GirlsHow did Lakesha come up with the idea to do a fashion accessory subscription box for girls? SheSwank customers wanted to buy more accessories at a discounted rate. They wanted more bundle deals. A subscription box allows SheSwank to provide this service while also being a ton of fun and allowing them to reach out to new customers who may only want to shop via mail or who simply can't resist the subscription box model. Lakesha's 9 year-old daughter came up with the name, and the OMG box was born. It's a curated accessory box for girls, and customers can purchase the box just once or have it delivered to their home monthly. It's fun, catchy, and 2 months in, the subscription box model is doing really well. Lakesha's daughter says, "It's like it's your birthday every month!" The Ins and Outs of Selling at a Military ExchangeLakesha admits that getting approved to sell at a military exchange was quite a lengthy process. SheSwank is a vendor at the Army and Air Force Exchange in Okinawa, Japan. Before we dig in, here's a little vocab for all of the non-military readers and listeners: Exchange - A military exchange, whether it's Marine Corps, Air Force, or any branch of service is essentially a department store on the base. Only those individuals with a valid military ID can get into base and shop at the exchange. Some exchanges are huge whereas others are quite small. Lakesha says that the exchange in Okinawa has one main section for all of their regular products (i.e. electronics, home and bath, clothing, and more.) and the vendor area is in a nearby annex. PCS - Permanent Change of Station. This is when your military man or woman gets orders to report to a different duty station. So it involves moving - sometimes across the country and sometimes across the world. So how was Lakesha able to sell in the exchange on base? She got in touch with the exchange about 6 months before PCSing (moving) to Okinawa. The response from the exchange was a little slow. There are a lot of rules and regulations that come along with a military dependent doing business at the exchange. Currently there are just 3 vendors at the Okinawa exchange who are milspouses. They each have a short term vendor contract and compete for their space monthly. Lakesha has been selling with the exchange almost 2 years. It's been great for her business, and she's able bring in products that the customers in Okinawa can't get anywhere else. Staffing for a brick and mortar location can be tricky, because as soon as Lakesha gets the perfect employee they get orders to move somewhere else. She has a high rotation rate for this reason. Does every exchange allow outside vendors to sell there? No. There tend to be less vendor opportunities on Marine Corps bases and more with either Army or Air Force Exchanges. An International Shipping SolutionIn terms of fulfilling orders within Japan, Lakesha can use FedEx and Japan Post. They are relatively efficient for shipping. How to Find an E-fulfillment CompanyLakesha connected with her business mentor. She reached a point in her business where she had to decide if she'd flatline or if she was going to keep growing. He suggested that she use an e-fulfillment center to streamline her business. He gave her a few leads, and she did some Google searches. She interviewed 3-4 centers and picked out the one that was going to work best for her business. Lessons Learned from Doing Business OverseasLakesha advises other entrepreneurs who are planning a move overseas to stock up on inventory ahead of time. She didn't realize how restrictive it would be to operate a business in Japan, when in fact, it changed everything. Looking back, Lakesha can see the positives to her situation because she's gained experience in dealing with customs, importing taxes, and negotiating in different currencies. The Milspousepreneur CommunityWhen Lakesha moved to Okinawa, she found a lack of community that encouraged entrepreneurs. She missed going to her local chamber events and entrepreneur meet-up groups. She decided that if it didn't exist, she would create that space for herself. The Milspousepreneur Community was born. Lakesha quickly realized that she wasn't the only entrepreneur who needed a network and help. In their milspousepreneur Facebook group everyone can ask their questions and get feedback and advice from each other. Community is so key when it comes to growing a business! How She Does ItLakesha says that she's learned not to beat herself up over not being able to get everything done all the time. "So when people ask me, "How do I balance it all?" Short Answer is: I don't." She likes to create a schedule that breaks her responsibilities down into different days. In this way, she does what she can when she can. For example, on Monday she may choose to be fully Mom, on Tuesday she may work on her website, and on Wednesday she'll attend networking events. Lakesha confesses that she used to try to figure out how to get every single thing done every minute of every single day. It's just not possible. She always tells moms, "Cut yourself some slack. Give yourself a break when needed. If you don't finish it today, it will be right there waiting for you tomorrow." Great advice, Lakesha! None of us can do it all! Lakesha's Favorite Business ToolLakesha loves Evernote. She can type up her notes if she has a blog post in mind. If she's out and about and sees something that inspires her, she takes a picture, writes her notes, and keeps everything in her electronic notebook. A Feature on the Today ShowLakesha was invited on the today show with Kathy Lee and Hoda as a result of winning the Milspouse of the year award Sponsored by Armed Forces Insurance. On the show, she was able to share about life as a military family and also showcase some of the products in her store. Winning Military Spouse of the YearLakesha was nominated for the award by her husband. The nominees go through a selection process that includes a peer-to-peer voting round. Then some of the senior leadership spouses and victory media staff review each nominee. Finally, a board selects the winner. Lakesha's Most Important RoleWhen we asked Lakesha what accomplishment she's most proud of, she said hands down it's being a mom. She has 2 daughters. Kayley is 9 years old and baby Kirby is 8 months old. She loves being a mom, and being able to fulfill that role the best way she knows how and still be able to pursue her business and dreams. Somehow, it all works together! 3 Ways to Interact with Customers to Grow Your BusinessSocial media is important for business growth, but what you do when you're on social media can make all the difference. But for Lakesha social media is all about engaging, equipping, and empowering her customers. Forbes magazine recently discussed the importance of engaging with your fans. You need to give your fans the gift of you. Listen to what they're telling you.
Lakesha loves to connect with her customers on Facebook and Instagram. (Many retail businesses are finding that Instagram is the key to customer growth these days.) Lakesha's Adorable Mom MomentTune in to hear about a great family moment Lakesha had recently. Stay in Touch with Lakesha!SheSwank.com
Direct download: Episode208520Lakesha20Cole_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 5 May 2015
If you've been online for more than a few seconds, you've probably heard the phrase "build your tribe". These days, it seems like everyone is talking about it. Last summer, Beachbody fitness pro Chalene Johnson even started a podcast around the topic! But what does it really mean? (Prior to talking to Chelsea, I would have assumed that eating yak butter and going to a Crossfit gym were part of the package ... I couldn't have been more wrong!) Building your tribe is all about finding like-minded people who will support you in your business while you support them in theirs. So how do you create an incredible community of women who will encourage you and help you to grow? What do you do once you've assembled? How can you really leverage the strengths that you each bring to the table? After listening to our interview with Chelsea Coulston of MakingHomeBase.com, I hope you'll take a deep breath and realize that building your tribe is much easier and more enjoyable than you might have guessed. You can aboslutely do this! And your business is counting on you to take the next step. On the Podcast01:44 - How a Boat + a Baby Led to a Blog Press Play on the Podcast Player Below to Hear the Full Interview
How a Boat + a Baby Led to a BlogWhen Chelsea and her Navy husband moved to San Diego in 2012, their daughter Peyton was just 6 weeks old. A week after moving in, Chelsea's husband was underway on his new ship. So with a new house, a new baby, and no one around to lend support, Chelsea made it her mission to turn her house into a home base for her family. Her blog, MakingHomeBase.com was born. As a military family who's gearing up for their 6th move in recent years, Chelsea struggles to find ways to make their rentals feel homey. When you get lost in the world of Pinterest and blogs, it's easy to get discouraged because there are so many great projects and beautiful ideas that you wish you could implement in your own home. Chelsea's mission to turn even the most temporary living space into a beautiful home has helped so many other people who are in the same situation. She gets emails all the time from folks who move a lot or have to live in a rental for one reason or another, and they're so thankful to have ideas that work for their specific situations. How to Build Your TribeAs Chelsea started learning how to grow her blog, she started watching Google hangouts with Becky Farrant of InfarrantlyCreative.net Becky shared about how crucial tribes were to her success online. A year after blogging, Chelsea reached out to a blogging friend of hers - April Hoff of HousebyHoff.com. They started an annual event called their summer celebration, and right after that Chelsea asked if April would be interested in "going in with her" on creating a tribe. April and Chelsea both reached out to 3 other bloggers each to see if they'd be interested. Every single one of them said yes, so they hopped on Facebook and created their little tribe of 8 bloggers. Were they all friends ahead of time? Nope! A few of the bloggers were women that Chelsea or April had collaborated with before, but many were just people that they admired and wanted to connect with. Chelsea recommends reaching out to someone who's audience size is similar to yours, but other than that, just pick women who do work that you admire. Pick someone who may bring different strengths to the table. How to Structure your TribeChelsea's tribe keeps the structure really relaxed. Since it's small, and they all admire each other's work, there's genuine connection that happens in the group. They help each other, collaborate, and give advice. Other than the more organic ways that they support each other, each week someone in the group starts a few quick threads for social sharing. They create one thread for Google+, one for Facebook, one for Pinterest, etc. Everyone shares links on that thread for what they're doing that week, and as the week goes on they share each other's content on social media to help promote one another. Once you schedule out those posts to share, just hit the like button for that comment on the thread to show that you've shared or scheduled the post. Chelsea says this method is a great way to share excellent content other than you're own, and since the group is small and selective, everyone in it puts out phenomenal content. You never have to worry about what you're sharing with your readers. If you miss a week of sharing or promoting others' content, it's not a big deal. No one in the group is there to police the others. The Perfect Number for a Thriving CommunityWhile the group started out with 8 women, they now have 12 members. Chelsea feels that if the group were any bigger than 12, it would be hard to keep up with the promoting. 10 was also a great number for a group, especially for collaborations. Now, though, with 12, they can still do a great group project even if a few ladies aren't available to participate. How do you decide who gets in? As the tribe has grown, they all make the decision to add new members together. Someone in the group will say, "hey do you know this lady from this site, she's awesome, what do you think about adding her to the group?" Then they all decide, "yes she's great - bring her in." Again, making decisions as a group and keeping the group small has helped to ensure that every member is an excellent blogger and puts out content that they all feel good about sharing. Why Varying Strengths = SuccessChelsea shared that this particular group of women is her very favorite group that she's ever been a part of. Each person is an expert in their own right, so there's always someone who has an answer to your question. Some women are awesome at e-books. Others are great at storytelling and building their brand. And Chelsea shares that one blogger is simply fantastic at photos and always shares what lens she's using and what techniques work best for her. There are so many little decisions that come up in blogging such as "how much should I charge for this?" or "should I really have a media kit?" The other women are there to lend their experience and expertise to help the others. Through their incredible group, these twelve women have become true friends. Half of them attended the Haven Conference last year, and they hung out with each other virtually the whole time! It's been incredible for them to take the relationships offline. Zero Deadbeats?! What's Their Secret?Sarah and I were both curious about how to handle things if one member of the group wasn't pulling their weight. We were surprised when Chelsea shared that this has never been a problem in their tight-knit group. So what's their secret? The group is very relaxed. The expectations aren't super high for each person. It's a very positive, supportive group, and they have the mentality of, "if you need us, we're here." Most of the tribe members are moms, and they each have peaks and valleys in their lives. They all completely understand if someone has to step away from blogging or the group for a bit. They don't look at the group in terms of being incredibly strict and, "what are you doing for me lately" kind of mentality. Chelsea has been part of other communities that were there strictly for promoting each others' content. Sometimes it's just too difficult to keep up. Chelsea's advice if you're feeling overwhelmed with a particular tribe is to just be upfront and honest and say, "I really like you guys but I can't keep up with the promoting" and you can just politely exit from the group. "Not every group will be the right fit for you." How to Connect with your PeopleFacebook is the primary way that Chelsea connects with her 12-person tribe. It's just easier to ask questions and keep the conversation going in a private group there. However, she's also part of a smaller group with only 3 people, and they do Google Hangouts quite often. They decide on a topic for the week such as affiliate sales, photography, or monetizing their sites. Then they each bring notes and questions to the hangout to discuss. A lot more information can get passed through conversation in a hangout. Finally, Chelsea was able to connect with some of her people at conferences. It's so fun to be able to meet blogging friends in real life and talk about what's going on with their kids, their lives, and build that friendship offline. Tribe-Building TipsWhat are best ways to build your tribe? Chelsea shares 4 great tips.
Chelsea says that "everyone loves to have a group and belong somewhere." (So true!) So Many Ways to CollaborateChelsea's tribe works together in so many ways. Below are just a few examples. Hopefully they'll get you thinking about the ways that you and your tribe can grow together!
When you create a tribe built on genuine friendship and connection, everyone is happy for what everyone else is doing. The promotion and cheering each other on just comes naturally! 3 Great Tools for Online Business
Blogging could be a 24 hr per day job if you allow it to be. Chelsea thinks that if she had more tools she might spend too much time on her site! The Never-Ending Struggle for BalanceChelsea confesses that balance is always a work in progress in her house. (We hear you, sister!) Chelsea often has days when she's up until 1 AM writing blog posts. She wishes she could be someone who has blog posts scheduled out weeks in advance so she'd feel on top of things but she tends to fly by the seat of her pants. She thinks to herself, "One day when Peyton is in preschool I'll be on top of things," but in reality, she's not sure that will ever happen for her! Sometimes she comes up with a great idea for a blog post at 5 PM, so she's scrambling to find some kind of sunlight to take a photo so she can get her post up the next day. That's reality for Chelsea! (Well, clearly it still works, because Chelsea's blog is fantastic! No need to feel guilty for letting inspiration guide you.) 2 Important Ways to Connect and Grow
Chelsea's Adorable Mom MomentChelsea's almost-3-year-old Peyton said the sweetest thing to her the other day! You'll have to tune in to hear her cute story. Stay in Touch with Chelsea!Instagram: @MakingHomeBase
Our affiliate link for Fizzle. It's one of our favorite online resources for business too! |
Tue, 28 April 2015
A business you can run from home and immediately turn a profit? Sounds like a dream come true! If you want to provide an income for your family, from the comfort of your home, ecommerce might be the right step for you. But how do you begin to learn the ropes of ecommerce? As someone with 18 years of experience in e-commerce, Kat Simpson believes that EBay is the perfect stepping stone for learning how to effectively sell online. On the Podcast02:07 – The Business of Beanie Babies Press Play on the Podcast Player below to hear Kat’s episodeThe Business of Beanie BabiesWhen Beanie Babies were all the rage, Kat saw an opportunity to make some money on the side for her family. Thus began her almost 20 years of ecommerce experience. A Business Model that Fits your ScheduleEBay is a great platform for military spouses who have to pick up and move. Kat began selling second- hand items she had at home or picked up at yard sales. The advantage of EBay is that it’s super flexible. You can work on it for a bit, put it on pause, and come back to it when you are ready. That was just the type of business Kat needed for that time in her life. A Podcasting InterruptionIn real life, our podcast is full of interruptions since we always have kids at home when we record our episodes. Thankfully, Kat loves the interruption! She loves helping moms succeed in business in order to stay home with their kids if that's their desire. Kat loved being able to sell on EBay when her kids were little, because the flexibility was wonderful. Is Just Listing Items Enough?Kat started selling on EBay in 1997 and a lot of things have changed over the years. You used to be able to get sales by simply listing your items. Now, you can’t depend on EBay alone to bring you traffic. There are several reasons for this. Strategies to Get FoundThe best way to get found on EBay is to have a niche store where you can sell a large quantity of the same item and cater to a specific type of person. Determine your ideal customer and build your store around that customer. It is much easier to market a store that is cohesive and caters to the same type of customer. You can advertise and be present in the same places where your ideal customer hangs out online. Finding Products to SellThis is the number one question that people ask, but Kat says this is actually the least of your worries. Finding things to sell is easy. Kat buys a lot of wholesale and liquidations. Everyday wholesalers contact her wanting her to buy their items. The tricky part is determining which items will be profitable. The Benefits of EbayMany people don't realize that Ebay has many great features that make it easy for a shop owner to get started online. For $15 a month you get a website on EBay with 300 pages and a suite of tools to help with marketing. Your EBay store has built in SEO options, and you can even change the SEO keywords for each page of your store. EBay provides a newsletter that you can use to market your products. Profit MarginSince EBay has a very confusing fee structure, it can be difficult to figure out if you are actually making a profit. The general rule of thumb is that you will pay 20-25% of the sales price to PayPal and EBay in fees. For more expensive items, the fee percentage will be less. Kat recommends that new sellers shop around their house first for items they can list on EBay. These are zero cost items that help you learn the photography process, the listing process, the selling process, and the shipping process, all without having tons of money at stake. Next try other low cost items you find at thrift stores and garage sales. Kat recommends that you use these zero and low cost items to learn the ropes. Learn how to sell on EBay before you plunk down $500 to a wholesaler and large amounts of money are on the line. Buy It NowKat recommends using the Buy It Now feature on EBay as opposed to the auction method. Combine the Buy It Now feature with the Best Offer feature so that people can offer you a price that you can choose to either accept or decline. Beyond EBay MarketingKat recommends finding out where your customers are hanging out on social media and head there. You could spend hours on social media, so set a timer so you have a limit each day. YouTube can be a powerful marketing tool for EBay. Use YouTube videos to show that your product works, to demonstrate its operation, or to show off product features. You can embed the video right into your product listing so every person who looks at your listing immediately sees the video explaining your product features and benefits. Kat had a vintage Biff the Bear video that she created in 2008 to show that the Bear still talked. That video has since gotten 50,000 views, and continues to drive traffic to her EBay store long after the actual bear was sold! Earning Loyal CustomersPeople buy from sellers they know, like, and trust, so cultivate a relationship with your customers. Kat recommends packaging items to look like a gift and include a freebie in the package to wow them. Getting your customers on your email newsletter is critical. When you communicate with them via your newsletter, make sure it's not about you. It should be all about them! Kat's $6,000 MistakeWhen the Beanie Baby craze was in full swing, Kat was buying and selling Beanie Babies and couldn’t keep them in stock fast enough. She kept putting her money back into more Beanie Babies. What she didn’t realize is that she was dealing with a fad. When the fad died and Beanie Babies stopped selling, Kat was left with $6,000 in Beanie Baby inventory that she couldn’t unload. Her advice? Know when you are selling a fad, and get out. EBay vs. AmazonThere are a lot of advantages to selling on Amazon:
However, E-bay still offers a few advantages, and it's a great place to learn e-commerce skills. Kat maintains accounts on both EBay and Amazon. EBay lets you build your own business, brand, and customer base. On Amazon you are nothing but an Amazon order filler. Amazon is not a customer acquisition channel. Most of the people who buy on Amazon, don’t even realize they are buying from a person. If you want to have your own long term business and brand, go with EBay. For fast cash without long-term goals, go with Amazon. Helping Moms Earn a Living From HomeKat feels called to help moms who want to support their families and stay home if they choose. Her site ThatKat.com has Webinars, a weekly radio show, sales tax help, and much more. Kat is clearly a seasoned, E-commerce expert and has lots of great advice to offer! 3 Must-Haves for Business
Kat's Adorable Grandma MomentKat shares a bittersweet moment with her grandson who loves his Nona! Find Kat Online!
Direct download: Episode208320Kat20Simpson_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 21 April 2015
Why Strategy Makes the DifferenceDo you ever feel like that hobby blog of yours... the one you've had for years - the one that's never really taken off like you planned - will never become the business you're dreaming of? Cassie Howard chats with us on the podcast today to dispel that myth. It's absolutely possible to turn that hobby blog into a business with a plan and a strategy. Hear Cassie's story, learn her favorite books and tools for getting ahead, and get to work turning that hobby into a business. You can do it! On the Podcast01:29 - From Online Diary to Frugal Living Guide Press Play on the Podcast Player Below to Hear Cassie's InterviewFrom Online Diary to Frugal Living GuideCassie started her blog in 2007 when it was just she and her husband. It was more of an online diary where she would write about what she did that day.... "boring stuff" as Cassie says. Having grown up in a very frugal family, Cassie was into couponing and saving money. As she began to blog about couponing and how she was able to save 50-90% off of retail prices, her readers wanted to know how she did it. Her site, MrsJanuary.com morphed from a personal diary into a complete focus on frugal living. Cassie's site is one of the top frugal living sites for Canadians. How to Monetize a BlogCassie's blog was just a hobby for many years. Although she was helping many Canadians to live more frugally, she didn't have a strategy for turning her blog into a business. She made a couple hundred bucks a month on her site, but for all of the hours she put into it, that low income wasn't worth it. When Cassie decided it was time to get serious about her blog, the first thing she did was look at other sites in her niche to see how they were monetizing. From there, Cassie tried similar strategies on MrsJanuary.com What strategies did Cassie try?
After trying things out, Cassie got rid of what didn't work or what felt too salesy and kept what was workingto bring in more income while letting her stay true to her vision for the site. What income strategies worked? Ebooks, private services for her readers such as coupon classes and coaching, and sidebar ads are monetization strategies that have worked well for Cassie. After Cassie tested different strategies and homed in on what was working, she immersed herself in learning everything she could about those monetization strategies, to truly make the most of them. In a few years' worth of effort, Cassie grew her site from a few hudred dollars a month in income to 10-15,000 dollars a month of income... and that number continues to grow. More Traffic or More Products ?For MrsJanuary.com, traffic has played the largest role in increasing her income. Obviously, more visitors allow for higher ad rates, and more potential customers for her products. However, Cassie says that creating and selling her own products has played a huge role in her business as well. She gets to control the price and the marketing efforts she puts into place for those products, and you don't get that level of control with something like sponsored posts. Which Products did Cassie Add?
In growing her blog and business, Cassie had to keep her target audience in mind. Her blog readers are frugal-minded, so she knew they wouldn't spend a lot of money on a fancy product. She's kept things simple for them, but has since branched out with CassieHoward.com to offer higher-end products and services to women who are looking for that. 2 Strategies to Grow your TrafficCassie has used two key strategies to grow her blog traffic, and therefore, earn more money online.
SEO Tips for Mom BloggersCassie shared 4 great tips for improving your On-Site SEO for your blog.
What is a Long-Tail Keyword Phrase? How to Find and Keep Great StaffCassie admits that she didn't start out hiring the right way. She put out a call on her website announcing that they were hiring. Now, though, Cassie recommends going through a site such as Elance.com. You can find people there with a wide range of expertise who can help you at reasonable prices. (Cassie's tips on hiring are quite different from Tiffany Romero's. Thoughts?) A Timeline for Blog Growth
Cassie encourages other women saying, "it doesn't have to take a million years to grow a blog, you can do it in just a few years if you focus and have a clear strategy in place." A Typical Day for a Full-time BloggerCassie starts her days at 4:30 AM. She loves to have at least two hours without the kids up to just enjoy the quiet and having zero distractions. Cassie also does her best work early in the morning. She's most focused and efficient at this time. She writes her to-do-list the night before so she can dive right in when she wakes up. Cassie usually starts with email. (Yes, she knows that goes against typical advice on productivity, but hey, the most important part of productivity is doing whatever makes you most productive.) Cassie checks to see if there's anything from her team that she needs to address. Then Cassie moves on to writing blog posts. Finally she does marketing for her new site, CassieHoward.com. By 6:30 AM, Cassie has two hours of "mom mode". She's getting her kids ready for school, feeding breakfast, and cleaning things up. Once the kids are off to school and daycare, Cassie does calls with clients, interacts with her team for MrsJanuary.com, and does more social media marketing. Cassie generally ends her day at 3:00 when she goes to pick her son up from school. From there, it's 100% family time until 4:30 the next morning. Helping Moms do Work they LoveIn 2015, Cassie created a new website to help stay-at-home moms learn how to create successful blogs. She has a 4-month program that teaches them how to build a blog from the ground up or how to grow their current blog so they can make at least $30,000 a year Cassie believes that if women put in the effort and use the strategies she gives them, there's no reason they can't make money with their blogs. She's so passionate about helping other moms live the lives they want, stay home with their kids, and do work that they love. Cassie has enjoyed the success that comes along with having a big blog, both the financial aspects and the freedome she has, and she wants other moms to enjoy that success too. 4 Great Resources to Keep your Biz Going Strong
The One Thing Cassie is Most Proud ofCassie is most proud of the group coaching program she started this year. It was a random idea, but when Cassie asked her audience what they thought, they loved it! Cassie has assembled a small group of women who connect on a regular basis. They help each other to brainstorm ideas for building their businesses, and they are just all around, a great group of women. 3 Books that will Change your Business
A Funny Mom MomentYou'll be cracking up when you hear what Cassie's sassy daughter said to her the morning of the podcast! Stay in Touch with Cassie!For couponing and frugal living tips: MrsJanuary.com
Direct download: Episode208220Cassie20Howard_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 14 April 2015
Land Wholesale Accounts & Get More PressWould you like to have your products featured in a national magazine? What about features in over 200 publications and TV shows? Andreea Ayers did just that with her Tees for Change business, along with selling over 20,000 units. A move across the country, a baby on the way, and dreams of having her own business pushed Andreea to go for it and work like crazy to grow her brand. Hear her best advice on getting started, earning loads of wholesale accounts, and gaining massive PR for her business. On the Podcast01:28 - From Pregnant and Jobless to Brand New Mompreneur Press Play on the Podcast Player below to hear the full story.
From Pregnant & Jobless to MompreneurAt 5 months' pregnant with a recent move from New York City to Colorado, Andreea struggled to find a job in her chosen field of marketing. She thought about what she loved to do and the kind of business she'd be passionate about running. With a love for inspirational quotes and all things eco-friendly, Andreea settled on an inspirational, eco-friendly t-shirt line. Now a mom to three kids ages 3, 5, and 7 years old, Andreea launched her first business just one month before her first child was born. Entrepreneurship and motherhood have always gone hand in hand for Andreea! Andreea took 3 main steps to launch her first business - Tees for Change:
How to Manufacture a Custom DesignWhen Andreea started her business in 2006, it was much more difficult to find organic and eco-friendly t-shirts. Many brands were just starting to explore the industry, so they'd have only a very basic black or white t-shirt with an unsophisticated fit. Andreea did a lot of research as well as asking others in the industry, and ultimately she found several companies who could supply eco-friendly t-shirts. There wasn't a clear winner among her options, so for the first few years of year business, Andreea tried several different brands to see what sold best. There are two options for having your product custom-made by a manufacturer:
Andreea used option two. She worked with the factory where she was already buying pre-made t-shirts, and took an existing style that sold well and had it made in custom colors. Those custom colors weren't being sold to other companies or retailers, so Andreea had an advantage. Although the thought of using a pattern designer felt overwhelming to Andreea several years ago, she told us that in many cases today, factories have someone on staff who functions as a pattern designer. (Creating your dream product keeps getting easier and easier!) How to Kill it with Wholesale OrdersFairly quickly after launching her Tees for Change website, Andreea started reaching out to retailers to get her shirts into stores. She brainstormed all the different shops and marketplaces where her t-shirts would be a great fit. She thought about gift shops, organic stores like Whole Foods, but ultimately, she decided that yoga studios would be the perfect fit for her t-shirts. As someone who does yoga herself, Andreea knew what that target market would want, and her inspiring t-shirts with quotes and sayings would pair perfectly with that audience. Andreea focused solely on getting into yoga studios early on. Andreea spent one weekend doing nothing but researching yoga studios that she could reach out to with her product. She told us that she stopped work only to eat or nurse her son, but by the end of that weekend, she had a spreadsheet with 3,000 yoga studios, and the contact information for the owner or buyer for that studio's boutique. When Monday came around, Andreea sent out emails to the studios asking if they'd like to carry her shirts while her son was napping. She got a great response right away. The studio would write back and ask "do you have hang tags" and Andreea would panic and ask herself, "what are hang tags?!" She got a bunch of business cards, thread, and safety pins and printed her first batch of hang tags herself. Looking back, she's a little embarrassed at the quality of that first round of hang-tags, but she was doing everything herself and learning as she went. When a studio asked for a line sheet or order form, Andreea would say, "oh yes I do have that!" and then she'd Google what that was and put it together on the spot. Within the first month of business Andreea sold out of her first run of t-shirts! Start-Up CostsAndreea invested about $1,000 initially to start with 96 different shirts. She knew that if her business didn't work, she could live with losing $1,000. She played it safe with a small first run, but when all of the yoga studios were interested, and they would ask for 10 or 15 different shirts, she was panicking because she only had 6 of each shirt! She went back to printer to ramp up production, and with her second run, she got 70-80 shirts in each and every style and size. This time, she was meeting the demand she had created from all of the yoga studios After that very first run she had enough sales to then only use her business money for the next run. Andreea continued to grow her business by never investing in more money than what she had in that business bank account. She never went into debt. At the time, her husband was in grad school, and she was the only one making money. She didn't have the luxury of taking from their own bank account. Shipping & Logistics for a Product-Based BusinessFor the first two years of her business, Andreea was doing all the shipping herself or with her husband's help! She would print out her orders in the morning, put them on her desk and kindly ask her husband if he had time to pack them. Sometimes he did, and sometimes he didn't. Her t-shirt inventory lived in her son's bedroom in their tiny, 2-bedroom apartment. They had to move his crib into their room and use the nursery as a mini warehouse. Before he went to class each day, Andreea and her husband would pack up their car with tons of packages for the post office and UPS. Two years into her business Andreea received a huge order from whole foods. She spent a whole week just packing and shipping t-shirts! At that point she knew her solo shipping system had to end. PR Pitfalls & How to Avoid ThemAfter getting featured on a blog whose theme matched perfectly with Andreea's shirts, she realized the power of publicity to grow her brand. Unfortunately, Andreea made a few left turns before figuring out how to leverage PR successfully. PR Pitfalls to Avoid:
Ultimately, Andreea took back control and secured loads of great PR opportunities for her brand. Get Your Products Featured in National MagazinesAndreea took several steps to finally get Tees for Change the exposure she wanted:
Sales Breakdown for a Product-Based BusinessWhen Andreea first started and focused on yoga studios, about 85% of her business came through wholesale orders and 15% came through sales on her website. As Andreea worked hard to get more press and national recognition, her business slowly shifted. By the time she sold Tees for Change 4 years later, 65% of her business was from wholesale orders, and 35% of her sales came through her website. 4 Tips for Growing an Online Business
How to Scale Handmade ProductsWhile the traditional business world may scoff at the idea of making a handmade business work, Andreea believes that if making and creating are what makes you happy, you should continue to do so. She shared 3 excellent tips for scaling a handmade business.
Andreea first started selling her t-shirts for $28, which already seemed quite high for a t-shirt. It took her a while to be ok with that price. Still, at that price her business wasn't sustainable. She couldn't pay herself or get better photos or other things she needed, so she raised her price to $32.Once she increased her price, her sales increased too! Her customers were buying more and others valued her products more. Raising your price could be the missing link to hiring help and getting all the other tools and support you need to scale your business. How to Get More TrafficOne of the biggest challenges small business owners face is getting more traffic to their online stores. Then, once they get that increased traffic, they need to know how to convert that traffic into sales and customers. Andreea is sharing all of her knowledge in three online courses on Creative Live, May 4-6 2015. Grab all the details here. Andreea's Littlest EntrepreneurAndreea shared the sweetest story about how her seven year-old son is testing his entrepreneurial skills. He wants to be just like his mom! Andreea says, "Even when we think our kids aren't watching, they're always learning, watching, and trying to do what we're doing." Stay in Touch with Andreea!If you loved all of Andreea's advice in the podcast, be sure to check out her talk at the Maker Mentor's conference May 14-16th, 2015. Use our coupon code BBMVIP for $50 off your ticket :) (This is our affiliate code. At no additional cost to you - and actually at a steep discount to you - we earn a commission off of your ticket purchase.)
Direct download: Episode208120Andrea20Ayers_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 7 April 2015
When you think about your site or business, what's the message you're trying to convey? If you think that your message is that you "sell pretty jewelry", then it's time to re-think your marketing strategy! Telling a compelling story about how you can help your customer is key to connecting with them and earning their business. Maggie Patterson is a copywriter and communications strategist who can help you do just that. She works hands-on with entrepreneurs to help them market their businesses and meet their goals. Press Play on the Podcast Player below to hear her best advice for telling a compelling story, writing copy that converts, and growing your business. On the Podcast02:20 - JUMP! JUMP!Ten years ago when Maggie had her son, she decided not to return to her cushy, well-paying job at a PR firm. When her year-long maternity leave was up, she started her own business as a communications consultant. As Maggie says, she just pulled the ripcord and jumped! Almost 10 years later, she's still here! How to Earn Six FiguresMaggie encourages other entrepreneurs to look past the lure of a shiny new website or all the other things they think they should have and just get to work. Maggie didn't have her own website until 2013 - yet she earned six figures her first full year in business! Clearly, she's doing things right! Maggie took advantage of two key strategies to grow her business early on.
Compelling Communication - How to Nail It!As a communications consultant, Maggie focuses on three core things with each of her clients:
Meaningful StoriesStorytelling isn't just a popular buzzword, it's essential to growing your business and brand. Storytelling works, and science proves it! At the most basic level , storytelling is connecting with your audience in an emotional way. When we appeal to someone's emotions, we activate more parts of their brain versus using logic and facts. As humans, we're wired for emotion, it's a pattern we learn from a young age. The audience you're trying to reach will understand your message much more clearly if you use storytelling and an emotional appeal to reach them. (Jonah Berger's book, Contagious, gives great examples of scientific and case studies indicating the value of emotion in things catching on.) There's an important point to remember when it comes to story-telling in business: It's not your story that your audience wants to hear. It's the story about how you deliver your customers results. For example, you don't need thousands of words on your website about how you quit your job and how fulfilling your current business venture is. You need to figure out the story your customers need to hear to connect with you. Your customers care about what's in it for them. Your story should indicate how you can help them. If you don't understand your customers and what they need, it will be incredibly difficult to come up with a compelling story to tell. Your prospective customers don't need an epic Star Wars tale, they need to understand that at the heart of your message, you understand them, and you're here to help. When Maggie discusses story-telling, she wants to be clear that this doesn't mean being inauthentic. You should be honest when conveying your story. When you tell an inauthentic story:
So tell that story, but make it an authentic one! How to Make your Customer the HeroMaggie shared five key points for making your customers the heroes and connecting future customers to your brand.
Copy that ConvertsBefore you even consider the words on the page, you have to be clear on your goal for every website visitor or blog reader. Are you trying to get them on your email list? Do you want them to buy a product? You need to simplify your site so that it's incredibly clear as to what step your visitors should take next. What will move someone from visiting your site once to actually engaging with you and becoming a customer? How many times have you visited a website and thought, "oh, this is pretty," then you just sort of stumble around. Instead, orient your visitors to your universe. Tell them where to go. If visitors have too many options, they'll suffer from decision fatigue and leave. So, for example, you may tell them, "you can subscribe to my email list or you can see my services," and leave it at that. Does this apply to the mommy blogger who writes on various topics each week? YES. If you're a mom blogger your goal may be to have people stay on your site longer. So for each blog post, you want to engage them with another blog post. Or perhaps, your more important goal is to get them to sign up for your email list. So include a way to subscribe at the end of every post, within the post, in your sidebar... wherever you can possibly put it. Always remember that people are busy. They may think, "oh I'd like to go back to that website but I can't remember what the address is...." but if you've got them on that email list, they'll see the email and click over and come back for a second visit. How to Get Published on Leading SitesMaggie's posts have been published on top sites such as the Huffington Post and Duct Tape Marketing. She shared several tips for landing key guest posts.
(For more tips on guest posting, learn from Amy Lynn Andrews here.) Why Press Releases StinkPress releases have been around since the 1900's. At this point, they're antiquated and highly ineffective at reaching your target audience. The media are not sitting around poring through press releases saying, "Oh! Awesome!!! They just released the THING!" They don't know who you are. They don't care. If you're a tiny business or solopreneur, you can connect with the media on twitter, follow them, and share their stuff. Then send a quick email, saying, "hey I noticed you write a lot on this topic. If you ever need a source, I'm happy to help you." Another point to remember when you're marketing your business? "People are not nearly as excited about your new thing as you are. They're just not. We need to make them trust us and then maybe they'll care a little bit...." says Maggie. Business Tools for your TeamBasecamp. Maggie and her team use BaseCamp and she believes it's worth every penny for project management. They also use the program for their clients with bigger projects. Basecamp will help your team to organize files and cut down on email chains. Google. Maggie's team uses Google Drive, Mail, and just about everything Google has to offer! Google Drive makes it incredibly easy to edit and share files in real time. There are no issues with version control that you may get with other file-sharing services. Maggie says that she's so much more productive with Google. She no longer deals with crashes or lost documents. The Best Way to Grow a BusinessMaggie's number one piece of business advice is to remember that your business is always about people. It's easy to get caught up in our list numbers or social media stats. But those aren't numbers or even blog readers and commenters. They're people. Never forget to treat them that way. If people take the time to comment on her blog, Maggie interacts with them. If someone needs to ask her questions before they purchase a service, she gets on the phone with them and has a real conversation. You're not dealing with Paypal accounts, you're dealing with a person who should be nurtured, respected, and cared for. Doing Business with Canada
4 Things You Might Not Know About CanadiansWe couldn't resist asking Canadian Maggie Patterson about misconceptions we Americans have about her country.
Maggie's Funny Mom MomentMaggie listens to a lot of podcasts in the car, so naturally her son has been hearing them for years. He loves to imitate all of the podcast introductions! Maggie's pretty sure she can make money selling these because they're just too good! You'll have to tune into the podcast to hear which famous podcaster Maggie's son impersonates the best! Stay in Touch with Maggie!
Direct download: Episode208020Maggie20Patterson_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 31 March 2015
Have you thought about using Instagram to market your small business? You don't have to be a pro photographer or have a huge following to gain traction on the site. Beth Newitt of Handcrafted Affairs drives sales of her custom hangers and accessories for girls via Instagram, and she and her husband make their living as creatives full-time! With over 6,000 sales on Etsy and over 5,800 followers on Instagram, Beth has discovered strategies that work for her and her business. She sat down with us to spill the beans, and I have to confess, I'm pretty excited to dig in and take action on her excellent advice! Pinterest may be the go-to site for bloggers to grow, but I'm convinced that Instagram is the go-to site for shop owners to do the same! Press play on the podcast player below to hear the full story. On the Podcast2:01 - From DIY Wedding to Handmade Business From DIY Wedding to Handmade BusinessWhen Beth got engaged several years ago, she decided that she wanted a unique, non-cookie cutter wedding. She hopped onto Pinterest, and entered into "serious DIY mode." One of the items Beth created for her wedding was a fancy, personalized hanger with her name spelled out for her wedding dress to hang on. Beth had a ton of fun creating everything herself, and she received so many compliments on what she made, that she decided to try selling more handmade items to other brides. She set up her Etsy shop, Handcrafted Affairs in 2011, and has been selling beautiful, personalized hangers and other wedding accessories ever since. Beth and her husband, Jason, both make a living at home doing creative work. Jason is a painter who also has an Etsy shop. How to Get those First Sales on EtsyBeth used four main strategies for growing her Etsy shop in those early days:
How to Keep Custom Orders OrganizedBeth doesn't use Etsy receipts for her orders, but instead creates a spreadsheet system that works for her. For each order, Beth includes the name, details about how it will be customized, the color, any gift notes to be included, and the due date for the order. Beth uses color codes for orders that need to go out more quickly than normal such as one week, or a few days versus her typical 1-2 week turnaround. (Rush orders are highlighted in green so Beth can see at a glance how to prioritize her work each day.) 3 Ways to Partner with BloggersBeth partners with bloggers via Instagram in three key ways:
Which strategies haven't worked so well? How to Find the Right Bloggers and Shop OwnersInstagram has been an incredible tool for Beth's business. From day one, Beth has used it to partner with others to grow her customer base and support the work of other creative entrepreneurs. Beth loves the community of shop owners, moms, bloggers, and entrepreneurs that she's found on Instagram. Beth took action in a few key ways to build relationships and partnerships with other creatives on Instagram:
Expanding your Products by Thinking Outside the BoxWith Beth's very particular business of personalized hangers, one might assume that she simply sells them to brides and moves on. However, Beth didn't want to have a seasonal, niche business, so she thought outside the box to figure out what other customers might want a customized hanger. There are plenty of other cases where someone might want a special hanger for something ceremonious or special. One example was for clothing companies to market their products, as we discussed above. Another example is doctors for their white coat ceremonies. Beth recently fulfilled a huge order for a hospital who wanted to purchase a personalized hanger for every single one of their doctors on doctor's day. How cool is that?! Instagram has opened Beth's eyes to different markets and the possibility of reaching brand new customers. Why Big Orders Don't Overwhelm BethWith large orders coming in, we were curious about how Beth finds the time to complete them. She said that large orders are often easier to complete, because she can batch each task and streamline her production process. She has the process down to a science at this point!
Getting Started with Giveaways on InstagramBeth offers several tips for creating and hosting great giveaways on Instagram.
Everything You Need to Know About Instagram Loop GiveawaysGet a group of shops and/or bloggers together. Everyone gives away their own prize, but you share the same, beautiful collage graphic (as described above.) The giveaway host will send a tag list, and every shop participating sees the shop below them and tags that shop in their photo on Instagram. Here's how the process works for someone entering a loop Giveaway: A loop giveaway can increase your followers and get your products in front of new eyes. Ideally, all of your followers would go through and see all the shops in the giveaway. Hopefully, they'll find other great products and shops they like and may return later as a customer. Beth gave us a word of caution for loop giveaways: Expect to lose some followers after the giveaway ends. After the winner is announced, expect to lost about 10-20% of those new followers you gained from the giveaway. How many followers does Beth gain with each giveaway? There's another type of giveaway that would get Beth thousands of followers. Here's why she chooses not to do them: When Beth does a giveaway, she gives the winners shop credit since her items are customized. But her giveaway winners often purchase way more than just what they won in store credit, and if they love the item, they'll come back for more later or tell their friends. Each giveaway winner becomes one more loyal customer who will spread the word about your brand and products. Beth says she could do a cash giveaway once a week and have 50,000 followers on Instagram by now, but they wouldn't be quality followers. The important thing for her is business growth via happy, loyal customers, not vanity metrics. Tips for Crushing it on InstagramWhen we called her an expert at Instagram, Beth balked at that title! She says she's still learning a ton and simply uses trial and error along with getting advice from other shops and bouncing ideas off of each other. However, she has several great tips for being successful on Instagram.
As with any form of social media, "the more involved you are, the more benefit you see from it." How to Find Interesting People on InstagramHashtags. Beth searchd hashtags of things that interested her, such as handmade or motherhood-related hashtags.
All About StoreEnvyBeth has a Love/Hate Relationship with Etsy. They're fantastic in terms of giving her wedding traffic, but Etsy takes a fair amount of fees and there's fierce competition on the site. Recently, Beth decided to branch out and focus on products for little girls and their mothers. She creates toddler fanny packs, called park packs (they are adorable!) and mom/daughter bracelet sets. Beth wanted some separation between her wedding-focused Etsy shop and her new products, so she opened a StoreEnvy shop, and she pushes all her traffic from Instagram to come there instead of to Etsy. Beth is using it as an experiment to see how much traffic she's pushing on her own versus the traffic she gets from Etsy search. StoreEnvy doesn't take fees unless someone finds you through their marketplace (in that case it's a 10% fee) but if you send customers there via email, Instagram, or other forms of social media, you only pay the payment processing fees for that customer. Using Instagram for Insta-SalesBeth loves using flash sales to sell items directly on Instagram. Selling on Instagram? How does that even work?
What if someone doesn't want to post their paypal email for the public to see? Another Example of a Great Flash Sale: Beth's Tiny PhotoBomberBeth admits that as a first-time mom with a 20 month old daughter, everything is a cute, adorable mom moment! Tune in to hear about Beth's little photo-bomber and her latest obsession. Essential Tools For InstagramBeth dropped us a line to shaare even more great advice on Insta! She listed her favorite apps and tools for making the most of the site. Bazaart - Easily erases backgrounds on photos, great for collage making Stay in Touch with Beth!Instagram: @handcraftedaffairs
Direct download: Episode207920Beth20Newitt_mixdown.20final.mp3
Category:general -- posted at: 2:59am EDT |
Tue, 24 March 2015
Have you ever wondered if there are other ways to make money online besides blogging or selling on Etsy? There may be an alternative that you hadn't considered before. You can become an Amazon seller! Saira is a mom to two young girls, and she grossed $45,000 in Amazon sales in 9 months of selling on site in 2014. She shares her income breakdown here. Saira has learned through trial and error what works and what doesn't when it comes to selling on the internet's largest retail site. Get ready to dig into the details. Then... it's time to go shopping for those fabulous deals! Press Play on the Podcast Player Below to Hear the Full Interview On the Podcast02:16 - The Jump from Job-land to Selling on Amazon The Jump from Job-land to Selling on AmazonIn December 2010, Saira had her first child. She and her husband were living and working in London at the time. Maternity leave in Europe is very generous, so Saira was blessed to have a year off to care for her daughter. Before Saira was able to return to the workforce, her husband's job moved them to Paris. Soon after, Saira's family moved again - this time to Florida! While pregnant with their second child, Saira knew that maternity leave in the US wouldn't afford her nearly as much time as she would like to have at home. Saira began looking for ways to make money from home. Not only did she want to bring in extra income for her family, she wanted to stay active mentally too. Saira spent countless hours researching different ideas, and tried many things, such as a website about bath toys which morphed into baby shower information and a digital product. Saira says that Amazon seemed like a great idea because she loves to shop, clip coupons, and use rewards programs. As she usually does, she simply jumped in to see what would happen! Saira's First ProductInitially, Saira went to Costco to hunt for deals, but there are a lot of Amazon sellers who do the same thing. This high level of competition drives the price for certain products down. Saira bought packs of sharpies, but they didn't sell. Those sharpies are still in her closet at home. Finally, Saira decided to sell what she knows, instead of attempting to sell what she thought other people wanted. As a mom to a four year-old girl and a four month-old girl, Saira knows little girls! She's an expert on toys and clothes for baby, toddler, and preschool girls, so she began shopping for clothes, toys, shoes, and dress-up costumes. Saira hunted for deals at Walmart, Toys R Us, and Kmart. How to Find a Great DealWhen Saira first started selling on Amazon, she found deals by walking around the store with a shopping cart and filling it up, one item at a time. Later, she discovered how many deals she could find right from the comfort of her own home. She scoured Walmart.com, bought items on sale, and then sold those items on Amazon.com (Saira confesses that she got to know the FedEx driver who delivered from Walmart really well!) It might seem crazy to buy an item on sale from one website just to turn around and sell it for a much higher price on another site. However, this method of retail arbitrage really works! People who shop on Amazon generally like to shop on Amazon alone. They buy for convenience and fast shipping and they're not as concerned about the price. Customers who shop on Walmart.com, however, are looking at the bottom line far more often. A Bonus Tip to Earn More Money: Always uses Ebates to earn cashback when you shop online. Saira told us that Kohls has Kohlscash for their rewards program, and you don't have to sign up for a Kohls credit card to use it. Since Saira spends so much on inventory, these cashback and rewards programs pay off big time for her. How to Register as a Seller on AmazonSaira tells us that Amazon make it so easy to sell on their site! They have a "sell" link at the top of every page. Just click the link, and you can sign up as either an individual seller or a professional seller. What's the difference between an individual versus professional seller? How to be Part of Fulfilled by Amazon (FBA)Saira told us that it's not all that difficult to be an FBA seller. The requirements do vary by product, but below are the main things you need to have:
What if you send items that aren't packaged properly? You can still send those items to the warehouse, and Amazon will just charge you a fee to do the correct packaging for you. Seller Tip: Buy in bulk as much as possible. At first Saira bought just one item here, and two items there, but by the end of the year she was purchasing 80 dresses, or 100 packs of diapers, and it became much easier to just load up one big box of the same product and ship it to Amazon. Labeling just a few items is much more confusing than labeling 100 items all at once that all have the same labels and packaging. How to Make a Profit Selling on AmazonThere's a general rule of thumb that you can use to ensure you'll make a healthy profit on each item you sell: When you buy an item, make sure you can sell it for 3X the item's cost. So the item will cost you 33% of Amazon selling price, Amazon takes about 33% of that selling price in fees, and you take home 33% of the selling price as your profit. Saira says that the cut Amazon takes on each item depends on the specific item and the item price. The more expensive an item is, the less Amazon's cut on that item is, so you stand to make a greater percentage of profit by selling a $100 item versus a $20 item. Start-up CostsUnlike other online businesses, there is a clear start-up cost involved in selling on Amazon. We were curious about how large this amount was. Can anyone get started selling on the site? Saira told us that she started her Amazon career by spending just $200-$300 at Toys R Us. As she became an experienced seller, she became a little more brave with her purchases. For example, she bought 100 packs of Frozen curtains for girls' rooms. Unfortunately, it's hard to fully predict what will sell and what won't, and Amazon can place their own, unpredictable restrictions on certain items. Saira has a closet full of Disney Frozen merchandise that Amazon would not allow her to sell during the Christmas season. They were selling Frozen items themselves and wanted to eliminate the competition. As the site owner, clearly Amazon can do what they want! A Tip to Reduce Start-Up Risk: "You can always return products that don't sell," Saira says. She did stand in the Kmart return line once to return 100 pairs of slippers. She didn't realize that she needed special approval to sell shoes on Amazon. Furthermore, she had no idea that she could apply to get approved for that. She thought it was simply a restricted category and that she was out of luck. So, a very patient woman at Kmart individually returned 100 pairs of Mickey Mouse Slippers! Saira felt bad for the people behind her, but her wallet was quite grateful. Special Rules and Restrictions for Amazon Sellers
Is all of that hoop-jumping worth it? Saira says yes! Her biggest winner for sales were Sophia princess dresses for Halloween. She times things just right, and it was definitely worth it to stay persistent until she got that approval. How to Start Selling with Just a Few ClicksWhen you're just getting started as an Amazon seller, Saira recommends starting with items that are already in the Amazon database. There are so many. It's bigger than Walmart. Don't start with an obscure book or toy. Start with an easy item that you can find within the catalog that you know you can find for 1/3rd of that Amazon selling price somewhere else online. Once you decide which item to purchase and sell, all you have to do is become a seller for that already-existing item on Amazon. What does it mean to share a listing with other sellers? There are some factors that help you to get the "buy box":
A word of advice: Don't ever try to compete against Amazon itself. If you notice that a produce says, "sold by Amazon" steer clear! You will never win. As an example, when Saira sells something on Amazon it says, "sold by MomResource, fulfilled by Amazon". How to Get Found in Amazon Search1. Pay-per-click advertising. You can then ensure that your product listing shows up on the first page of search for given search phrases. Sales Stats for 2014Saira sold almost 2,000 units on Amazon in 2014, and this was only from April through December. So how many different products did Saira buy and keep track of in order to sell 2,000 units? Below are some examples of product quantities Saira bought in 2014:
At first, she bought items in much smaller quantities. Over all, Saira sold approximately 200 different products in 2014. How Much Time Does it Take to Sell on Amazon?Saira says that compared to a typical job where you wake up early, get ready, commute, and spend hours away from home each week, selling on Amazon feels easy. If you sell items in bulk, once it leaves your house you can just manage your inventory from the Amazon database. You can change the price as often as you want. You can even tweak things from your phone. Saira confesses that she took advantage of any free labor she could find - enlisting the help of her husband and her mother when she came to visit before her baby was born. A convenient shipping tip: Amazon uses UPS to pick up your items and ship them to their warehouses. You can spend $10 per week to have UPS come to your door and pick up your packages for you. Overall, Saira says that it never felt like a big time investment to sell on Amazon, it was more an investment of money upfront. Even if you just sell hard for a few months out of the year on Amazon, it can be worth it. For example, as a mom with a newborn, Saira is not selling a lot of inventory at the moment, but she has stocked up on Christmas items that she can sell next year during the rush season. How to Sell on Amazon during ChristmasWhile you may be tempted to quickly set up a seller account in October and jump on the Christmas season bandwagon, Amazon does have rules regarding who can sell during Christmas. In previous years, there were sellers who were just jumping in for the christmas blitz. If they were selling knock-offs or poor products, they could just disappear after Christmas, and this is not good for Amazon's reputation. You must have an established reputation as a good seller on Amazon before the Christmas season begins. How to Sell when it's not Fulfilled by AmazonIt's absolutely possible to sell items on your own without using the "Fulfilled by Amazon" service. Your products won't be eligible for the Prime member benefits, but it may make sense if you're selling just a few items at a time or a product that is time-sensitive. For example, towards the end of last summer, Saira found back to school supplies for a great deal at Toys R Us. (Who knew tweens love to decorate their lockers with chandeliers and carpets?!) In order to make back to school rush, there was no time to wait for Amazon to process her items. As a merchant, you can choose to charge shipping or label it as "free shipping" and build your shipping costs into the product price. Saira does note that Amazon tends to show preference to people who sell through "Fulfilled by Amazon" (FBA) Labeling and Processing your ProductsJust enter in the size and type of labels you have hit print on the label to ship something directly to the customer. Place one label in the box, and one on the outside. You can choose between Fedex, UPS or USPS. Generally the US Postal Service is the best option if your box fits their standard dimensions. For a few items, shipping yourself is easy. For items in bulk, it's much easier to send them all to Amazon's warehouse. How long does it take for Amazon to process your items? Saira recommends allowing for 2 weeks. It depends on where you're sending your items. Amazon has warehouses all over the country, and they do try to have you send your items to a warehouse that's close to you, but if you have a rare item you may be sending it all the way across the country. If this is the case and your warehouse is far away, allow for longer than 2 weeks. What do Camels have to do with Amazon?Camel Camel Camel is a great resource for Amazon sellers. If there's a product you're considering selling on Amazon, just copy the url, paste it into camel camel camel and the site gives you an idea of what that item has sold for over several years' time. Since price fluctuates based on peak season, whether Amazon is currently selling it themselves, and how many other sellers are selling that item, you want to ensure you get a balanced look at what your item should be priced at. You may think you can sell an item for $100 but that may be a blip for just a week or two. If the item generally sells for $20, Camel Camel Camel will tell you that. How Selling on Amazon has Impacted Saira's FamilySaira loves that she can work from home. She doesn't have to wake up early and commute. She doesn't miss out on picking her daughter up from school or nursing her baby during the day. But when she was a full-time stay-at-home mom she was a little bored. She didn't want to just go to coffees every day. Now she actually has something to talk about when she goes to coffee! Saira's husband also sees that's she's much happier - which is great for everyone! MomResource.comSaira has a new website for moms who are looking into making money from home. MomResource.com features other moms who are doing just that. The more Saira has learned about making a living online, the more she's realized how little the general public knows about this option. She hopes that by sharing the stories of other moms, she'll inspire those moms who may want to go back to work, but not full-time, or those full-time stay-at-home moms who want to do something on the side. Saira has had so much fun meeting all sorts of cool, interesting moms and learning from them. She gets new ideas from them every day! "Moms somehow have this network - this common connection, and they're so supportive. That has been amazing!" "We're not trying to compete; we're trying to help each other succeed." A Patricia Arquette Moment?Saira shared her own Patricia Arquette moment with us on the podcast. Controversial? We'll let you decide! Stay in Touch with Saira!MomResource.com
Direct download: Episode207820Saira20Perl_mixdown20final.mp3
Category:general -- posted at: 2:51am EDT |
Tue, 17 March 2015
You've seen e-books for sale on the sites of other bloggers. Perhaps you've even told yourself that when you're a bit more established, a bit more of an expert, or magically come up with a bit more time, you'll launch an e-book too. Today's interview is all about taking action now and launching an e-book the right way to get real results. Learn from blogging couple Abby and Donnie Lawson about how to write, edit, and launch an e-book with great success. Abby wrote and launched her first e-book with just 17 months' of blogging experience under her belt. She carved out the time, wrote like crazy, solicited the help of blogging friends to edit, and launched with a bang by employing several great strategies. Learn from her experience, and then get to writing! An e-book could be the product that launches you from part-time blogging status to full-time blogging success. You got this, Brilliant Business Mom! Press Play on the Podcast Player below to hear Donnie and Abby's story. On the Podcast02:24 - The Big Idea The Big IdeaWhen we asked Abby what led her to write her first e-book, her initial answer was, "well basically, Donnie....Donnie made me do it! It's all his fault. I blame him." (Sarah and I both laughed knowing just how convincing Donnie can be when he has a big idea!) After she hit the one year mark for her blog, Abby started receiving a string of emails asking for blogging advice. She couldn't believe they were asking HER for advice. But as the emails kept pouring in, she thought, "maybe I have learned a bit about blogging!" Donnie encouraged Abby to turn all those emails she was writing into an e-book and then sell the book on her site. At first she thought, "nooooo. I haven't been blogging long enough, and I don't know enough to do that." But as she thought it over, she realized "maybe there is something to this idea." She and Donnie sat down, created an outline, and just went for it! How a Busy Mom Finds Time to WriteHaving read Abby's book, Building a Framework, Sarah and I knew that it was an extensive resource! It must have taken hundreds of hours to write! We had to know how Abby found the time to get it done. Abby told us that when she first started writing, she and Donnie booked a hotel room for her for the weekend. Abby went away to write alone while Donnie kept their two boys. She took their outline and just wrote like crazy. Later on in the process, Abby had another hotel weekend to work Abby already felt maxed out with her current blogging schedule, and since she didn't want to cut back, she had to create more time for writing. For several months, Abby woke up at 6 AM every morning, and from 6-7 AM she would write. If the boys woke up between that 6-7 AM window, Donnie would take care of them so that Abby's hour of writing was protected. A book doesn't magically happen on its own; you have to find a window for it. Editing an E-bookAbby wrote her book in a Google Doc so it was shareable and easy to send to people. Donnie was looked at the book throughout the whole process and he made suggestions along the way. After the book was written, Abby sent it to her mom first because she had no background in blogging. Abby wanted to get the perspective of someone who had zero knowledge on the topic to see if it made sense to them. Next, Abby sent the book to a friend who had only been blogging for a few months. She had a basic foundation of blogging but was still very much a beginner. Next, Abby reached out to her mastermind group on Facebook. There were 10 of them at the time. All of those bloggers read through the book for her and sent her notes. They were all in different phases of blogging from no knowledge to more experience than Abby. They all had different strengths, so some of them sent grammar corrections while others sent suggestions on the technical aspects of the book. It was nice to have the book in front of a lot of eyes to make sure it was really accurate and still easy to understand. To save herself from editing overwhelm, most of Abby's editors did not change the draft of her book directly or make comments within the book. They made their comments in an email and sent those to Abby. When Donnie and Abby did send the book to people for direct edits, they made a copy in Google Docs so that their original version was protected, and no one could touch that. A Permanent Fix for Broken LinksIf you write a book that links to many resources or other articles on the topic, you may wonder how to ensure that those links stay active forever. It would be a shame to link to great content, only to find out a year later that some of those links were broken. There's a solution to this problem, and it's easier than you might realize. Donnie and Abby used a Wordpress Plug-in called Pretty Link to organize all of the links and resources within the e-book. You can get the lite version for free. For everything linked to within the book, a pretty link was used rather than the original link. For example a bluehost affiliate link (which initially looks like a big, garbled mess!) would become justagirlandherblog.com/bluehost Not only are readers more likely to click on a clean link that starts with your blog name, but if the final destination of those links ever changes, you can update them from within the Wordpress plugin instead of going back into the book itself. In this way, people who previously purchased the book would never be faced with broken links. As Donnie and Abby update pretty links within Wordpress - every single link within the book is updated and correct. (So smart, right?!) Pretty Link also tracks how many clicks each link generates, so it helps them to know which links readers are clicking on within the book. Pretty link doesn't report on actual income generated through those links, but you can get that information from the affiliate portal. The plug-in does show the number of clicks, so you can figure out a conversion rate by observing that 100 people, for example, clicked on the Mailchimp link, and there were 5 sales from Mailchimp. The end result is a 5% conversion rate. Formatting Tips for E-booksAbby used iBooks Author, which is a program on Mac. Initially, she was really frustrated with the process and almost gave up and used Word instead! After two days of messing with it she was able to figure it out. iBooks Author has all of the formatting right there for you , so you just have to fill in the blanks for the titles, chapters, etc. The spacing is all there so you don't have to do that yourself. Abby just copied and pasted her chapters into iBooks Author, and then added in her photos afterwards. Adobe In-Design is a great choice if you're a graphic designer, but it's expensive and has a bigger learning curve. iBooks Author is a free option for Mac. Abby did use Microsoft Word for her second e-book, Simplify, because it's made up of many printables and it was easier to merge documents together She's been creating printables with Word for quite a while. So again, don't be afraid to just use Microsoft Word to get started with your e-book! How to Format your Book for LinksAfter your e-book is done, you'll need a way to turn it into a readable, useable PDF. When you export your book as a PDF, the internal links between chapters aren't clickable. The workaround for this (for both Word and iBooks Author) is to download a trial of Adobe Acrobat pro. Before you exported your finished e-book, make all your links look like links (as in, add bold text, underlining, whatever you prefer) so that you'll know just where to go to insert those internal links. When you bring your e-book file into Acrobat, you can then set up links within the body of the PDF, so for your table of contents, all of those links to each chapter are clickable. Pay What you Want for a Book?! (How the sales stacked up)
Since June Donnie and Abby have sold 1400 copies of the book, and they transitioned from pay-what-you-want pricing in October to a fixed price of $24. Donnie and Abby were concerned that once they set a higher, fixed price for the book, sales would completely tail off. Thankfully this hasn't been the case at all!They go weeks without mentioning the book on social media or the blog but sales continue to trickle in, so the book has become a great form of passive income for Abby and Donnie. What is Pay-What-You-Want-Pricing?Knowing that her audience comprised many stay-at-home moms or other families on a budget, Abby wanted to make sure that her book was accessible to anyone who wanted to read it. Donnie and Abby went back and forth about pricing strategies up until just two days before the launch. They decided to set the price at $24, but if anyone was in a situation where they couldn't afford that price, the payment processor was set up to accept any amount of $1 or above. They have gotten so many emails from people telling their stories, saying thank you, and sharing that they wished they could have paid the whole $24, but it was such a blessing to them to be able to get the information at a price that they could afford. The Strategy Behind Pay-What-You-Want PricingAbby tossed it over to Donnie to talk strategy saying, "I do the feeings. He does the business." (They make a great team!) Donnie first heard about pay-what-you-want pricing from a guy named Tom Morks who wrote about it on the Fizzle blog. He thought it was a neat concept, and at first, Abby thought he was crazy. There's some psychology behind the strategy, though, because most people think, "this is going to be a great deal!" and they pull out their credit card planning to just pay $1. As they're checking out, they decide that they don't feel right about paying just $1 for a great book, so they decide to pay $5 or $10 instead. Gumroad makes it really easy to use flexible pricing for your products, so Donnie and Abby used them for their payment processor. Although they did get quite a few sales at $1 each, there were people who paid more than the $24 too. It was Abby's 30th birthday on launch day so some people wrote in and said "I paid $30 because it was your 30th birthday!" Donnie said there were some odd amounts as well like $13.21 "Where they came up with that number I have no idea!" he says. They also had customers who came back to them and said, " I paid $5 for it but then I read it and it was worth so much more to me. Can I give you more for the book?" Gumroad makes it easy for people to go back and pay more in the future. What if Everyone Paid Just $1.00?Donnie confessed that they were super nervous about launch day because of pay-what-you-want pricing. They knew there was a chance that everyone could come in and pay just $1 for the book. With several hundred sales, they would have made very little money for all of their hard work. They settled on a plan where Donnie would closely monitor the sales stats on launch day, and if the average price coming in was far too low, they would change their checkout system to fixed pricing. Fortunately, that didn't happen, and over the course of the summer, the average price paid increased over time! E-book Launch StrategyDonnie and Abby thought about their launch strategy and how to build suspense as soon as they decided to pursue the e-book idea. From Abby's very first hotel weekend of writing, she posted on Instagram that she was working on a secret project, and her audience would have to stay tuned to see what it was! A month before launch day she announced on the blog in a post that she had been working on a book about blogging and that it was launching on her birthday, June 10th. She encouraged everyone to sign up for her email list so they wouldn't miss any details. From that month on, she averaged sharing something about the book once each day. She would share on social media, the blog, or through emails. She posted photos on Instagram, sent emails to her list, and then she'd take parts of those emails and share them on Facebook saying, "the email list got all of this info. Sign up for the list so you can get it too." Essentially, "if they weren't gonna buy the book it wasn't because they didn't know it was there," says Abby. (What a great mindset to have for your product launches!) The Importance of a Healthy Email List "The email list was the biggest part of launch. That's where really most of our sales came from," says Abby. At the time they launched, they had about 6,000 people on their list. Those people were really excited and prepared because they sent them several emails letting them know what to expect. The night before the book launch, Donnie and Abby told Abby's list about pay-what-you-want pricing, how it would work, what time the book would be live, and where they could go to get it. In the morning when the book went live, everyone knew where to go, what to do, and had all of the information they needed to make a purchase. "Once you set your launch day, you need to work backwards with your launch plan," says Donnie. Both he and Abby created a Google Doc specifically for their launch plan and worked backwards one month out. Donnie sees a big problem with many bloggers who try to sell: they don't build any buzz around the launch of their product. He's seen multiple bloggers - many that he likes and follows, who will all of a sudden send a surprise email one day saying, "hey I have this thing, buy it here" but this is the first time their readers are hearing about it. Donnie says, "Even months in advance, it's nice to kinda get little hints like "hey this is coming. This is what it's gonna be about. I'm still trying to figure out pricing but it's coming" and then as the time gets closer to the actual launch there's kind of this anticipation You expect it. You know what's gonna to happen and you're kinda looking forward to that and so then I think everyone is just ready to go on launch day and you can have a pretty good first day and first week of sales." Launch Day Strategies Beyond her BrandSarah asked Abby how big a role guest posting played in her launch strategy. "It was absolutely huge" Abby said, "I mean, I don't think that the launch would have gone as well as it did if we tried to do it on our own." Abby used 3 main methods to extend the reach of her book beyond her own brand on social media, her email list, and blog.
"My goal was that if you were anywhere near the home decor niche or creative blogging niche on June 10th, you knew that Building a Framework was launching that day." Setting Up an Affiliate Program for the BookDonnie and Abby thought long and hard about setting up an affiliate program for the book. They didn't set it up for the launch day since they had pay-what-you-want pricing. They knew that once they set up an affiliate program, they would fix the sale price for the book. Unfortunately, Gumroad doesn't offer an affiliate program. Some people choose to use a plug-in as a work-around, but Donnie wanted a better solution. E-junkie is another common affiliate solution, but Donnie didn't love how it looked. Finally, he and Abby settled SendOwl, which is a payment processor that also allows people to set up their own affiliate links. Getting the Affiliate Program Started
The downside to an affiliate program?
The upside to an affiliate program!
Affiliate Sales BreakdownSarah and I were curious about the numbers. How many affiliates do Donnie and Abby have, and what percentage of their total sales do they drive for the e-book?
How the VAT Tax Affects SalesWhen the VAT (Value-Added Tax) rules changed for digital goods sold to people living in the European Union, Donnie and Abby disabled all sales from EU countries. They didn't have the time to figure out how to send money to multiple tax offices in Europe. If someone from one of those countries wants to buy the book, they'll just give it to them because they feel bad about the ew system. In SendOwl they also disabled all sales to EU countries. You can check boxes to simply exclude those countries from being allowed to make a purchase. Recently, Gumroad has chosen to handle all the remitting of the VAT tax. They figure out where the customers are buying from, collect the tax, and send tax to that country. As soon as Gumroad did that, Donnie and Abby re-enabled sales from EU countries. However, SendOwl, which is the program Donnie and Abby use for their affiliate program, integrates with a couple of different payment processors such as Stripe or Paypal. Since Stripe and Paypal have not yet controlled VAT tax, Donnie and Abby have kept purchases from the EU disabled when purchasers come through SendOwl. Overall, the VAT rule changes haven't been a huge issue for Donnie and Abby. There aren't nearly as many people from Europe trying to buy the book compared to U.S. customers. Setting up a Landing PageAbby's blog runs on a Genesis framework and a Child Theme from Restored 316 Designs which they really like. (That's our affiliate link because we like them too!) There's an option on the right called a "landing page template". It will take away the sidebar, the header, and other distracting items. It wasn't a perfect fit, as they still had some ads showing up, and the header was too large. Donnie googled to find the specific CSS scripts he needed to format the page the way they wanted it. He 's not a coder, but he's able to find what he needs and then copy and paste the code into the Style Sheets of Abby's blog theme. Donnie's CSS additions made the page more narrow, removed the ads, and added a Buy Now button. Once they had a clean page to work with, the landing page was as simple as adding the photos and text they wanted to create a compelling sales pitch. Kindle Versus Your Own SiteWe were curious about the reasoning behind selling Abby's book solely on her own site versus in the Kindle store. Abby told us that since there were so many photos, screenshots, and very specific formatting for her how-to book, she didn't want to risk that formatting being lost on Kindle. She's a visual learner herself, and she wanted that to translate into her book. Donnie told us that even from a money-making standpoint they still would have chosen to sell the book themselves. E-books in the Kindle store tend to be priced fairly low. A $24 book doesn't make sense in the Kindle store, and they didn't want to offer a product at a higher price on Abby's blog versus in the Kindle store. However, if you plan to price your book at $10 or less, and formatting isn't an issue, Donnie recommends selling in the Kindle store as well as on your own site. (Beth Anne's two cents: Abby's book is far more in-depth and full of practical details and step-by-steps. It's well worth the $24 price tag!) Abby's Funny Mom MomentStay tuned to hear what Donnie and Abby's adorable 3 year-old is saying these days! Stay in Touch with Abby!JustaGirlandHerBlog.com
Direct download: Episode20772020Donnie20and20Abby20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 10 March 2015
When you think about your "brand" what comes to mind? Do you recall your cute blog header or that color scheme you obsessed over for weeks before deciding? Does your business name and what you sell come to mind? While branding comprises these components, Kaye Putnam is here to teach us that it's about so much more than those things. Your brand is about the way you communicate your business' key values to the world. Branding is what sets you apart and makes others not only notice, but remember you. Branding can be your best business asset when it's thoughtfully implemented. If you still feel confused about what your brand is and what you represent, Kaye has an excellent "Brandality" quiz on her website. Head here to take the quiz. Consider your Brand's Personality as you listen to the podcast. Press Play on the Podcast Player Below to Get the Full Story. On the Podcast03:04 - Something Had to Give Something Had to GiveAs a military spouse who's now moved five or six times, Kaye realized that traditional employment wasn't working for her. She had to quit a great marketing job that she loved, and every move meant taking steps back in her career instead of forward. Kaye began looking for alternative ways to build her career. She made the transition into online marketing by free-lancing and has now taken a full-time position with a digital marketing agency called Infinitus. The agency is based in Canada, and she works remotely to help create the agency's podcast, weekly newsletter, and blog posts. Kaye's personal skill set lies in branding. She is passionate about making companies more personal, more vulnerable and more authentic. Why Branding is a Big DealBranding is about so much more than colors and a logo. As Kaye says, lots of designers call themselves a branding service but what they're really offering is just the visual aspects of a brand. "A brand is born out of the experience that customers have with you." Every touchpoint a customer has, whether it's in your Etsy shop, over the phone, or by exploring your website, is part of their experience with your brand. Kaye shares 3 reasons why having a strong brand is key to your business success.
The First Step to Developing a Strong BrandThe more we dig into branding, the more I feel overwhelmed. Where should a mompreneur even start when it comes to defining a clear brand? One example for Brilliant Business Moms would be that a lot of people in our audience have strong family values. If we communicate those same family values it gives people a strong emotional connection to us and our brand. Kaye says that every business is not just selling a commodity, but so much more than that. Your brand is what endears people to you. It sets you apart from everyone else who may be selling the same thing. An example of Kaye's values would be playing big. She believes wholeheartedly that her position in life shouldn't dictate the level of success that she has. So even though she's a mom and a military spouse, there's a certain level of success she wants to reach in her business, and she believes she can make that happen regardless of her circumstances. Other people who have those same values are naturally attracted to her. This is your brand at work! What to do when you're the Girl Next DoorOnce you discover your brand's core values, you have to figure out the personality you're going to portray those values through. (This is where Kaye's Brandality quiz comes into play! Take the quiz here!) There are 4 key ways that your brand personality changes the way you relate to the world around you. To show you how this works, Kaye shares 4 recommendations for us as a "Girl Next Door" brand.
Is it OK to Rebrand?If your business goals change and your current brand doesn't fit those goals, then you have to get rid of it. Re-align yourself with your new goals and your new audience. Initially Kaye started a site called SuccessfulMilitaryWives.com She did that for a while and it was great, but as she got deeper and deeper into the agency world, that old brand didn't fit her new goals. She gave herself permission to get rid of that site and start her new site. The way you can rebrand without confusing people is by continuing to communicate the same values. So even if your focus changes, you're still the same person. Those core values haven't changed even if the products or services that you offer have. Why Rejection is Good!Kaye admits that she's had an internal block about reaching out to people because of her fear of failure. She knows she needs to do it if she's going to tell more people about branding and build up her audience, but it's difficult - especially for an A+, 100% kind-of girl! Kaye was inspired by Tiffany Han's website, the 100 Rejection Letters Project. She's decided to set a goal of getting 100 rejections in 90 days. Kaye is teaching herself that rejection and failing is ok. It's just part of the process. So for the next 90 days, she's reaching out to people about guest posting, podcast interviews or just to connect on Skype and gather as many opportunities as she can over the next 90 days. When we asked her how the project is going so far, Kaye said that she's getting more "yes's" than she expected! So, it turns out... she's failing at failing! But she's finally taking action, and that's the end goal. The MagicianAfter chatting so much about our own brand's personality, The Girl Next Door, we had to hear about Kaye's. Turns out, she's The Magician. Their strengths lie in taking complex concepts and information and translating it into something that's easier to understand. The magician is also great at helping people to go through a transformative process. (This fits what Kaye does as a branding expert really well!) You'll have to listen to the whole podcast to hear how Kaye is a magician as a mom too! Limitless BusinessKaye's newest project with her marketing agency, Infinitus, is LimitlessBusiness.com. Kaye is one of the voices on that site, and she'll talk about branding, but they're putting together a rock-star cast of other business leaders who will share information within their particular "zone of genius". What Infinitus has noticed about content online is that everybody is overwhelmed with the amount of content, but they're underwhelmed by the impact that content is having. When they considered what content really gets people excited , they realized that real stories were the most impactful. When people are vulnerable, authentic, and "bleed on the page" that's when others remember what they shared and take action on the lessons they learned. So much of our time online is spent consuming content that we don't remember and don't implement. Limitless Business is trying to change that and create content that will truly have an impact on your business. How to Start Working RemotelyWhen Kaye lived at Fort Campbell, Kentucky - her very first duty station as a military spouse, it took her six months to find her first job. She finally took a job as a temp bank teller in rural Tennessee. At her very lowest point, she found herself faking a southern accent so that she could blend in. Instead of blaming the military lifestyle for her lack of opportunities, she looked for a solution and began working remotely. Kaye has 2 tips for moms who want to find work-at-home jobs.
3 Ways to Launch an Online Business with a BangThe marketing agency that Kaye works for has had massive growth since launching. We were curious about the strategies behind their massive growth. Kaye was completely transparent and did share that the CEO of Infinitus had prior business relationships that helped a ton. (Once again, we're hearing about the value of building relationships when it comes to business!) But there are 3 other strategies that anyone can use to launch an online business in a big way.
Kaye offers another valuable tip when it comes to your branding: Don't be afraid to lose all of the corporate speech or jargon. There are real humans reading your website and your marketing materials, so make sure you treat them like they're someone you know. There are so many ways that you can say something, so it's really important to put a filter on what you're doing. Home in on who you are at your truest core so that people aren't confused by you. "Confusing people is the quickest way to kill a sale." (Well said, Kaye!) Kaye's Funny Mom Moment ... (or why she truly is a magician!)You'll have to tune in to hear Kaye's funny story about her little boy, Afton. I'm pretty sure she's a toddler whisperer! Stay in Touch with Kaye!KayePutnam.com
Direct download: Episode207620Kaye20Putnam_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 3 March 2015
My favorite businesses are those that look a problem in the face, find a novel solution, and grow like crazy! These types of businesses involve extra challenges, uncharted territory, and a whole lot of innovation! If you're a bit crazy like me, all of that sounds rather fun! Julie Bombacino is the perfect example of a mom entrepreneur who solved a problem in her own life and then set out to solve it for thousands of others. She partnered with food scientists, researched the market, sought funding, worked with consultants, and so much more. You'll learn a ton about the world of start-ups as a mompreneur from this episode. Julie's company, Real Food Blends, has had incredible growth while improving the lives of others. Could our interview with Julie be just the inspiration you need to go for your own big idea?
Press Play on the Podcast Player below to hear the full story. On the Podcast01:14 - From Special Needs Mom to Entrepreneur From Special Needs Mom to EntrepreneurWhen Julie's second child, AJ, was 6 months old, he had a severe seizure due to epilepsy. After that seizure, he would aspirate breast milk and formula when eating. Fluid got into his lungs and caused health problems, so a feeding tube was necessary to keep him safe and healthy. As Julie says, the feeding tube kind of defined their lives for the last three and a half years. He was put on a regimen of synthetic formula to be fed through his tube. He threw up every single day and was constipated every single day. He wasn't growing like he needed to, and he was miserable. By the time AJ was 1 year old, he had gone through 8 different formulas with little success. Julie turned to Dr. Google for a solution, and discovered an incredible online community of people who had loved ones on feeding tubes. Many of them asked her if she had tried giving AJ real food through his tube. She started blending food for AJ and saw great results. He was keeping his food down and was finally growing and gaining weight. Not long after AJ began his real food diet, the Bombacino family took a trip to Disney World. Providing food for AJ that week was quite a challenge. She lugged along their VitaMix blender and traded a hotel for a condo with a kitchenette so she could blend his meals. She looked for a ready-made option for AJ, but it simply didn't exist. She wasn't willing to go back to formula, but she wanted an easier way to give AJ the nutrition he needed. Julie put her MBA hat back on, and Real Food Blends was founded not long after! The First Steps for Forming an Innovative BusinessBefore she dug into creating the solution to her problem, Julie researched the market to make sure her business would actually have enough customers and fill a true need in the marketplace. Once she realized that formula for feeding tubes is a 4 billion dollar market in just the US alone, Julie knew it was time to take the next step. Knowing she wasn't an expert in food science, Julie got in touch with researchers at a Big 10 University to see if her idea was possible. Shelf stability for her product was key, because she needed a way to ship Real Food Blends economically throughout the country, and even the world. Refrigerated trucks and extra storage requirements would have cost too much to make them a viable option. Julie had an inkling that her idea could be accomplished because the market was halfway there with the invention of baby food. However, baby food is designed to simply teach babies how to eat rather than be their entire source of nutrition. Someone who uses a G-tube needs the equivalent of an entire meal in blended form. After spending the first 6 months just researching and partnering with food scientists, Julie then reached out to food manufacturers who might be willing to work with her. Julie mentioned something that I hadn't considered before: food manufacturers don't often like to talk to entrepreneurs because they tend to think that their barbecue sauce or new spin on an old food is simply the best, and they plead with a manufacturer to just make a small amount. These kinds of small ventures don't interest a large manufacturer very much. Working with ManufacturersSo how did Julie get the manufacturers to listen to her?
As it turns out, after talking with numerous food manufacturers, Julie ended up partnering with the first one they talked to! Getting Investors + Crowdfunding for GrowthThe prospect of securing investors sounds overwhelming. Sarah and I have no idea how one would even start this process. Julie shared a few tips that helped.
With so many investors on board, why a Crowdfunding Campaign? When Real Food Blends launched a campaign on Indiegogo, the point wasn't to raise a ton of money to develop the product, the point was to use it as a proof of concept, as well as take advantage of the viral nature of crowd-funding. (Spoken like a true marketer!) There are a few things we can learn from Real Food Blends' Indiegogo Campaign
2 Key Strategies for Marketing the Biz
Getting Insurance Approval for Medical ProductGetting insurance approval for a new product sounds like a daunting task. How did Julie accomplish this? Once again, she was smart enough to know what she didn't know! She reached out to a consultant for help. This consultant had a long history in medical affairs, so she knew what to do. The process involved a lot of paperwork filing, dotting i's and crossing t's. Once you receive a HCPC code for your product, then anyone who bills to insurance can use that code to see if it's a covered benefit for their patient. Why Empathy is Good for BusinessOne of the strengths of Real Food Blends is that Julie is her own ideal customer. She's a mom who still remembers being scared to death when she first had to Because of this empathy, Julie easily puts herself into the position of those new parents and caregivers who are looking for as much education, information and support as they can get. Her website, Real Food Blends, isn't just a place to buy her product, it's a place to receive that extra reassurance and education. In addition, the Real Food Blends Facebook Community is a vibrant place full of families who share their stories. Julie knows first-hand how isolating it can be to live in the world of tube-feeding. "You can't go down to your local Starbucks and see people with feeding tubes," Julie says, so the online community fills that void and makes you feel less alone. 5 Key Methods for Reaching Healthcare ProvidersIn addition to creating material that reaches the families, caregivers, and individuals with feeding tubes, Real Food Blends has to provide education to dieticians as well, because they're the individuals making decisions about what people with feeding tubes should receive for their nutrition. Reaching healthcare professionals, and dieticians in particular, is a key component to the company's growth. So how does Julie do it?
Sarah brings up a great point during the interview. If you can come up with a great business idea that fits into a profession's continuing education requirements, go for it! There are so many professions with these types of yearly requirements, so you'll have a captive audience to educate and share your product or company with. How to Get Your Foot in the DoorReal Food Blends now works with many medical supply companies. To get those partnerships started, Julie needed not just a HCPC code, but the flexibility to get in the door. They were more than willing to work with a company on terms and pricing, because they just wanted to get in the door. A lower price was acceptable in the beginning, because they were confident that once their customers tried the product, they would love it and be back time and time again. (They were right!) Julie brings up a key point for new businesses. If you know you have a great product, and it has a recurring revenue stream built into it, it's ok to set a lower price to get your foot in the door. However, if your product is generally a one-time purchase for someone, a lower price that kills your profit margin is not going to work out! Offering Nutrition All Over the WorldJulie's commitment to offering Real Food Blends to everyone with feeding tubes means that they found an effective way to ship their product internationally. Since they're technically exporting food, the process is not as simple as a customs declaration. Each country has its own rules about accepting food from America. Real Food Blends partnered with MyUS.com to ship food worldwide. Essentially, if an international customer wants to purchase Real Food Blends, they sign up directly with MyUS.com to set up shipments. The company's main focus is shipping things from the US to other countries - so they're experts at it. Julie and her team don't need to worry about the regulations and all the steps involved, and their customers are able to get the products they want. Win-Win! 7 Tips for Staying Sane
Business Books for Every Woman Entrepreneur
Julie's 5 year-old Marketing GeniusWe LOVED hearing about Julie's 5 year-old daughter Luca and her genius marketing idea for Real Food Blends. Tune in to hear the full story! Learn More About Julie!RealFoodBlends.com The Facebook page is very active for Real Food Blends. Their customers take photos of their first shipment of the product because they're just so excited. They share stories of children who have gained weight or are healthier. They share pictures and really, just share their lives with Real Food Blends. Julie encourages everyone to dig into their story and the stories of their customers. What do you think? Are you ready to finally go for it with your brilliant business idea? I hope Julie's story convinced you that no matter how big or daunting your dream, if you take things step by step, seek the right help, and keep going, you can make that vision a reality! ~ Beth Anne
Direct download: Episode207520Julie20Bombacino_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 24 February 2015
As the author of 3 cookbooks and 4 e-books, Jessica Fisher is no stranger to hard work. In our interview with her, you'll learn how to create a publish a cookbook, along with how much time, work, and planning is involved in the process! Whether you're a food blogger or not, Jessica also shares valuable advice on time management, producing content, and parenting. Press play on the podcast player below to hear from this seasoned blogger, author, cook, and mom. On the Podcast00:57 - From Freelance Writer to Successful Blogger From Freelance Writer to Successful BloggerOn a whim 9 years ago, Jessica submitted an article to a local parenting publication. Through that publisher, she discovered Parenting Publications of America - an organization comprised of small, local magazines that you might find in places like your doctor's office. Jessica began writing more frequently, and a year later, she and her husband decided to tackle their debt and address their spending habits. At this point, Jessica amped up her writing career and began scouring the internet for writer jobs. The year was 2007, and blogging was still in its early days. At the time, Jessica happened to live in the same town as Crystal Paine of MoneySavingMom.com They met for coffee, and Jessica learned more about how to make an income from blogging. In 2008, Jessica started LifeasMom.com, and in 2009, GoodCheapEats.com Both sites are still incredibly active to this day! Jessica's Low PointEarly on in her blogging career, Jessica dreamed of writing a freezer cookbook. She used the advice of Erin Chase, the 5 Dollar Dinner Mom, and the book, Nonfiction Book Proposals Anybody Can Write by Elizabeth Lyon Before she had an agent, an editor agreed to take a look at Jessica's Cookbook proposal. He ripped it to shreds. Jessica cites this as the most disappointing moment of her writing career. She just sobbed and could hardly talk about the experience. A few weeks later, she finally had the courage to tell Erin the 5 Dollar Dinner Mom, about her experience. Erin told her to get up and try again. She referred her to a great agent, and together, they cleaned up her proposal, changed a few words, changed the title, and her book sold to a publisher within a few weeks! (We're so glad Jessica dusted herself off and tried again! Sarah uses Jessica's Freezer Cookbook on a regular basis - it's a staple in her home that saves her tons of time and allows her to feed her kids nutritious meals that they love to eat.) Why Growing a Platform is the Path to PublishingJessica strongly believes that having her own blog was a large factor in getting a book deal. She started blogging in 2008, signed her book contract in 2010, and her first book came out in 2012. We've seen this happen much more often today - a popular food blogger comes out with a published cookbook. It's much easier to secure a publishing deal when an author already has a platform to market their books and loyal fans who will be eager to buy those books. Jessica compares this phenomenon to the example of her husband who used to be a full-time musician. The bands that got record deals were the ones selling out the clubs week after week. They had a proven, loyal fan base, and the record company knew their job would be made easier as a result. Content Creation & PlanningJessica writes at least two blog posts every day. How does she sustain this level of content creation? She admits that when she first started LifeasMom, Jessica posted 3 times per day! The ideas always came. She has a continual storehouse of ideas in her head, and confesses that her brain doesn't often shut off! She has pages and pages, and stacks of notebooks filled with her notes on topics that she thinks would be helpful to her readers. One thing that makes it easier for Jessica to come up with topics? She writes about home, family, and food, and that also happens to be her every-day life. Ideas and inspiration are always prevalent, as she's reminded of new topics all day long. With 2 posts per day, how does Jessica organize and plan for all of that content? Jessica uses Google Calendar to plan out her posts, and she shares the calendar with her sister, who helps her with the back-end of running her blogs. With Google Calendar - it's easy to move and shift "appointments" or blog posts, essentially, when things change. She doesn't have to cross things out, delete them, or re-write them. Two Blog Posts a Day? How Jessica Finds the TimeEven though Jessica's children are older (ages 6 years through 17 years old) she finds that they need her just as much, if not more, as they grow up. Not to mention, Jessica is a homeschooling mom to 6 kids! She wakes up very early in order to have time to work on her blogs. In the beginning days of blogging, Jessica would stay up until 1 AM and also get up early, but now she finds that she functions best by choosing one, but not both methods of stealing time. She tries to go to bed early and wake up early. The Many Steps to Writing a CookbookJessica starts with a pen and paper in the kitchen. She takes notes as she cooks, then listens to her family's feedback and suggestions. (We love that her family serves as 7 fabulous taste-tasters!) Because everything is on paper for several months before transferring recipes to the computer, Jessica is often worried about her house burning down in the night! On occasion, she's locked up her drafts in a fireproof safe when they travel, or she'll put everything by the front door when she simply has too much content to lose! After the recipes are honed, Jessica transfers everything to the computer. Next, the editorial director at the publishing house reads through the book. After that, a line editor looks at content, style, and consistency throughout the recipes. An example of style differences would be can sizes, what type of sesame oil, do we call them onions or green scallions? There are so many small details that have to be addressed to make the book feel universal and reader-friendly. The line editor works with Jessica on 2-3 revisions. Next, it's the copy editor's turn. They get into the nitty gritty details of the book. Once again, Jessica goes through 2-3 revisions with them. A design editor then lays the book out. For example, if a recipe is too long for a page, a few sentences will need to be cut. If the head notes are too long, they need to be revised. The design editor also matches photos with each recipe. The entire book is then proofed twice, then it goes to the printer. "Then," Jessica says, "you wait.... and it comes out in stores." Jessica spends about a year of her life on each cookbook that she's authored. Cookbook Photos - What You Should KnowOne little-known fact about cookbooks is that the author may have to chip in for the cost of photos. (We had no idea!) Traditionally, cookbook authors don't take their own photos, but instead, they pay half of the cost of hiring a professional photographer. In today's market, many food bloggers turned cookbook authors are quite skilled at food photography, so it's more common for them to take their own pictures. In Jessica's case, the photos for her first two cookbooks were taken by a professional photographer, but she took the pictures for Good Cheap Eats along with the next cookbook that's coming out. Why You Need an AgentJessica shared that having an agent has been key to her publishing success, and as a do-it-yourselfer by nature, she doesn't say that lightly. It was difficult for her to hire a professional, knowing that she's have to share a portion of the profits. Below are the ways that an agent can be invaluable:
How did Jessica land her agent? She was able to use the referral of a friend, Erin Chase, the 5 Dollar Dinner Mom. (Have we mentioned that making friends and building connections is so key to your success in the blogging and online space?) A Family of CooksWhen asked what she's most proud of as a successful blogger and author, Jessica shared an incredible story of her family heritage. Her grandmother was an avid baker and won many awards at local fairs. She was in the kitchen from a young age with her Grandma John, who grew up on a farm in Minnesota. When Grandma John came to visit them in California, Jessica's mom would give her free reign of the kitchen. Jessica learned so much from her grandmother. Although she passed away 14 years ago, Jessica thinks she'd be pretty excited about the success she has had with her blog and cookbooks. Jessica continues to pass on the family tradition of cooking with her own children. "It's safe to say that every single one of them loves to cook!" she says. Her 8 year-old, in particular loves to watch Youtube videos to learn new skills in the kitchen. It's an absolute blessing that her children are willing and ready to learn more things in the kitchen. Jessica knows that she needs to take advantage of this season, because it may not last. She wants to teach her kids way more than Youtube videos do! Jessica's Favorite Resources for Running her BizJessica is a lover of all things Google. She uses Google Drive, Analytics, Gmail, Calendar, and of course, the search engine. She uses each of these tools all day, every day. Her one lament? She misses GoogleReader! Business Advice from OverseasAs a former teacher and stay-at-home mom, Jessica didn't receive any formal education on business or have traditional work experience in the business world. For this reason, she really loves Women, Work, and the Art of Savoir Faire by Mireille Guiliano. Mireille was the VP of American Relations for a Champagne Brand in France. She shares great tips about business, along with business etiquette such as how to dress for a business dinner, or what to do as the hostess of a business dinner. How to Stay in Shape as a Food BloggerSarah and I were both curious about how to stay in shape when one's job consists of spending lots of time cooking in the kitchen! Jessica always looks fit and healthy. She doesn't have a hard and fast rule for staying fit, but she did admit to losing 6 pounds when her family spent the month in France last October. She had croissants every morning and as much wine and cheese as she liked. Another book by Mireille Guiliano, French Women Don't Get Fat, has served as a guide in some ways. The French are very thoughtful and deliberate with their food. They think of every angle in terms of how the foods and drinks will combine. Jessica also makes an effort to include variety with each meal, including many flavors and textures. That variety can help to make you feel more satiated. As Mireille says, the first 3 bites of any meal are the best ones anyways, so you can limit yourself to 3 bites of everything if there is a great variety, and then you won't have to stuff yourself to feel satiated. They're Watching...Jessica shared a beautiful moment about how teaching her children to make healthy choices is making a difference. When we least expect it, our kids show us that they're watching, and they're learning from our example. Stay in Touch with Jessica!LifeasMom.com - How to make the most of your time, your budget, and your parenting Sarah's favorite cookbook of Jessica's: Not Your Mother's Make-Ahead Freezer Cookbook (This is our affiliate link, because Sarah highly recommends this book for busy moms who still want to feed their families nutritious, wholesome food.) Are you a food blogger or foodie looking to start a blog or brand? We'd love to hear from you! What were your takeaways from Jessica's episode? ~ Beth Anne |
Thu, 19 February 2015
You'll notice that when you send out emails to your subscriber list, your email service provider (such as MailChimp) requires that you include your physical address at the bottom of your emails. Why is that? Do you really have to provide your real physical address on email newsletters? Can you use a fake address? Listen to learn the answer.
Thank you to Melissa Kaiserman of A Time for Everything for pointing me in the direction of the FTC rules on this topic. Federal Trade Commission CAN-SPAM Act To locate a PO Box near you, use the USPS website.
Direct download: Episode207320Email20Address_mixdown20final.mp3
Category:general -- posted at: 11:30am EDT |
Tue, 17 February 2015
Talking with Tiffany Romero, founder of the SITS girls blogging network and Bloggy Bootcamp was so enlightening. Tiffany has hired and worked with many team members, joined forces in a company merger, and she's established a network of over 75,000 bloggers. Learn how to work with others, assemble an amazing team, create great community, and balance all of that with your family on the podcast today. Press play on the podcast player below to hear Tiffany's amazing story from rookie blogger to mompreneur. You'll walk away as though you just chatted with a seasoned business coach - with clarity, a newfound sense of purpose, and a clear path forward for success. On the Podcast01:25 - From Rookie Blogger to Business Owner From Rookie Blogger to Business OwnerTiffany started a mom blog in 2008. At the time, Twitter was non-existent, Facebook wasn't used in the same way that it is now, and other forms of social media had yet to be developed. The world of blogging revolved around comments. Tiffany wanted to find and connect with other mom bloggers so they could support each other. When she googled "mom blogger" very few sites showed up. Realizing the need for a site that did nothing but highlight bloggers, Tiffany started the SITS girls. You'll never believe how many months she'd been blogging when she undertook this huge project: just four! Creating a Network of Supportive BloggersTiffany took several steps to get the SITS girls site off to a great start.
Two Tips for Creating a CommunityWith over 75,000 bloggers who are now part of Massive Sway and the SITS girls, Tiffany clearly has a knack for community-building. We asked her what advice she would give to a woman trying to build a different community, perhaps one centered around a certain hobby or common goal.
How to Assemble an Unstoppable TeamTiffany shares 5 tips for assembling a team that works well together and brings many strengths to the table.
Connecting Brands and BloggersTiffany's business partner, Danielle Wiley, started SWAY because she saw a need for celebrity bloggers to have representation. They needed an easier way to find work and negotiate the terms of sponsored content so that they could focus on developing that great content. Danielle and her partner approached Tiffany and Fran about the idea of representing their Bloggy Boot Camp. Their relationship started at the BlogHer Conference in San Diego in 2012. Tiffany and Fran quickly realized that SWAY could help not just with Bloggy Boot Camp, but in finding work for the 40,000 bloggers in the SITS girls database. Initially, SWAY and the SITS girls did a joint venture called Massive SWAY, but they've since become one unified company. How SWAY Connects Brands and Bloggers
Everyone wins: Brands get high-quality, authentic content from influencers, the influencers get paid for their work and influence, and SWAY makes everyone happy! Merging Companies - What You Need to Know
Tiffany shares that the merger with SWAY has been incredible. It's a wonderful group of four scrappy women who figure things out as they go and make things happen. Bloggy Boot CampSoon after starting the SITS girls, Tiffany knew she wanted to meet the amazing bloggers in her community in person. Her first event was a SITScation in Las Vegas. 100 women attended her one-day event. Through that first event, Tiffany discovered how much she enjoyed speaking, and how motivating it was to meet and network with other women. "Whatever industry you're in, I can't recommend enough that you network with other women in that space," Tiffany says. Networking can provide you with invaluable advice, help along the way, and a source of inspiration to keep going. Bloggy Boot Camp used to be more about sharing blogging tips, but now the focus has changed a bit based on the needs of the SITS girls community. Bloggy Boot Camp Now Covers 2 Main Topics
A Day in the Life of a Big Business OwnerWith everything on her plate, we were curious about how Tiffany manages her business from home. She confessed that her circumstances are a bit different than most work-at-home moms. Her husband also works from home, and their son is 14 years old. She has more free time to focus on her business than most people do! Still, Tiffany shared 6 excellent tips for any mom striving to balance work and family.
5 Ideas for Growing a Blog TodaySince the SITS girls has a blog that continues to grow today, not to mention their relationships with thousands of other successful bloggers, we just had to get Tiffany's thoughts on the current landscape of blog growth. She gave us 5 great ideas for growing your blog in today's online space.
3 Ways to Find Out What's NextIn addition to tuning in to what people are talking about on Twitter or Pinterest, Tiffany shared 3 great sources for staying on top of what's next. 3 Tools to Stay on Top of Things
3 Books for Business & Life
Funny Mom Moments with a 14 Year-OldYou'll have to tune in to hear all about how Tiffany's son sees her, and what it's like trying to scold a child who towers over you in height! Stay in Touch with TiffanyTwitter: @tiffanyrom
Direct download: Episode207220Tiffany20Romero_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 10 February 2015
A national TV appearance less than one year into blogging?! Stephanie O'Dea's path to success is not for the faint of heart! She 's gutsy! We love Stephanie's can-do attitude and her willingness to put herself out there. As she says, "the worst that can happen is that you're ignored." This doesn't even consider that the BEST that can happen is pretty amazing! Hear Stephanie's encouraging story from newbie recipe blogger to cooking, blogging, and writing success. One more thing....that bold move you've been contemplating? We think you should go for it! Press play on the podcast player below to hear our interview with Stephanie O'Dea. On the Podcast01:10 - The Catalyst for Change The Catalyst for ChangeStephanie's quest to make money online started out of necessity. In 2006, her two year-old daughter was often sick. Stephanie worked as a preschool teacher but was concerned that daycare might have been contributing to her daughter's illness. Regardless, she needed to figure out what was wrong, and felt that she needed to be home with her to do that. When Stephanie quit her job, her husband was a bit concerned. Their budget didn't add up on his one income. Stephanie was determined to find a way to make money at home, so she began answering Craigslist ads and newspaper ads for work-at-home jobs. They were all scams. On a happy note, Stephanie's daughter is now 10 years old and is happy and healthy! They discovered that she has celiac disease, which means that she's unable to process gluten. Now, Stephanie is a pro at finding and creating great gluten-free recipes for her family. Stephanie landed a few freelance writing and editing gigs, and one of those gigs was with Blogher. Her eyes were opened to a community of women who were blogging, and some of those women were making really good money doing it! At the end of 2007, during a late night talk, Stephanie and her husband mused about what she could do online. She joked that she didn't know about anything except "crockpotting", so maybe she could write about people who use their crock-pots every day. That wine-infused, post-Christmas party conversation turned into a life-changing decision for Stephanie and her family. In 2008, she wrote a New Year's resolution to use her Crock-pot every single day of the year and write about it every single day. How a Commitment to "Crockpotting" Became a BusinessStephanie admits that what she did for the year in 2008 would not be sustainable for her in the long-term, but at that time, she had a huge fire in her belly to prove to her hubby, herself, and others that she could do this and make something from nothing. Stephanie woke up at 4 AM each day and wrote the recipe from the night before and published it live for her blog readers. Every afternoon or evening, she would try out a new recipe with her Crock-pot. (Stephanie was so new to blogging that she didn't realize she could write and save posts a couple of days in advance!) Stephanie is proud of the fact that she spent no money to get her business started. She used the domain crockpot365.blogspot.com because she didn't want to pay the $10 for a domain name. The only money she spent her first year of blogging was on groceries for her crockpot recipes. Creating a Reason for Return VisitorsStephanie's commitment to trying a new crockpot recipe every single day was crucial to her early success. She collected a group of loyal followers very early on who would check in with her daily to see what she was cooking. At the time, Stephanie was using Feedburner and saw her subscriber number increase every day . The same commenters would appear on her blog daily, and they kept her going. Stephanie knew that her readers would miss her if she didn't post. She owed it to them to keep going, and she owed it to herself too. Stephanie wanted to prove to her 3 daughters that she could do this project on her own. She didn't need "Daddy" to swoop in and fix something. She showed her girls that if you put your mind to it, you can succeed. SEO Strategies for BloggersStephanie focused on SEO (search engine optimization) early on in her blogging career. She intentionally chose to name her site with the word "crockpot" instead of the correct, trademarked name "Crock-pot" because more people search for "crockpot" on Google. Stephanie intentionally intermixes the terms crockpot and slow cooker throughout her writing to snag both of those search terms. Despite her focus on SEO, Stephanie doesn't write in a way that is heavy on search terms. She writes the way she would write if she were just speaking to a friend or explaining a new recipe to her mom over the phone. Again, this is actually smart when it comes to SEO. The Googlebots are smart enough to know when you're being spammy and unnatural. Stephanie focuses on tags with every blog post. She tags every recipe with gluten free and combines that with her name, with crockpot, slow cooker, with the type of meal such as main dish or side dish, and the contents of the meal such as chicken or beef. Again, Stephanie is letting Google know exactly what that blog post is about. Having a 365-day project also meant that people often bookmarked Stephanie's site so that they could check back in later. They would link to her in the blogroll on their sidebar or follow her on Feedburner. The more people link to you or recommend you, the more search engine clout you get from Google. Stephanie used this tactic further by getting linked to on much larger sites, which Google weighs more heavily when determining where you fall in the search engine rankings. What's the Worst that Could Happen?We really admire Stephanie's gutsy, go-for-it attitude, and it's paid off in big ways for her! Stephanie says she's always been raised to think, "What's the worst that could happen?" In terms of getting big publicity, Stephanie says the worst that could happen is that you're ignored, and that's it. How bad is that when you consider that the BEST that could happen is getting featured on a national TV show! Stephanie shared with us her story of getting featured on the Rachel Ray show only months into her blogging career. In February of her first year of slow cooking, Stephanie made a crock pot creme brulee and was blown away by how good it was. In the background, the Rachael Ray show was playing, and she saw a blurb in the ending credits asking, "want to be on our show?" with a link to the website. Stephanie typed in the web address, filled out the form to apply to be on the show, and then.... she waited. Stephanie laughs now at what a novice she was! She broke every etiquette rule in the book, using all caps and saying, "I AM THE BEST! I TOO CAN SHOW YOUR VIEWERS HOW TO MAKE THE PERFECT CREME BRULEE!" She was so confident that she'd be accepted, so she sat in front of her computer and refreshed her email over and over again. Nothing happened... A few weeks later, Stephanie was home with a sick, fussy preschooler when the phone rang with an Unknown Caller. Assuming it was a telemarketer, Stephanie answered with a grumpy, "hello?" On the other end of the line was a lovely lady from the Rachael Ray show asking if she had time to talk. All of a sudden she had all the time in the world! This lady could hear her fussy child in the background and said, "You must be busy... I'll let you go...." Panicking and knowing she couldn't let that nice lady go anywhere, Stephanie grabbed a can of Pillsbury frosting and a spoon and let that preschooler go crazy with it in the dry bathtub while she took the call. The call went well, and Stephanie was able to explain how she could be helpful to Rachel Ray's audience. She flew out to New York City and was on the show! That national TV appearance led to publishers contacting Stephanie regarding a cook book. A year later her first cook book came out, and it spent 6 weeks on the New York Times Bestseller List! When you compare the best and worst-case scenarios, just putting yourself out there in the hopes of getting a few "best cases" seems entirely worth it! How to Leverage the PressStephanie has used her gutsy approach many times to be featured on large websites and earn additional TV spots. Amazingly enough, she does it through cold emails! Stephanie simply says, "I think your readers would benefit from this, and I'm happy to provide this if you give me a byline and a link back to my site." She's written for magazines, had recipes featured on Good Morning America, which were then picked up by abc.com, which was then picked up by the Huffington Post! So one big, gutsy move, can beget another! Stephanie encourages bloggers to take any gig that equals more exposure, even if that gig doesn't pay. She says that beginning bloggers shouldn't worry too much about trying to monetize their sites, but instead provide value, make as many connections as possible, and the money will follow. If you're not having any luck getting featured on larger websites, Stephanie suggests starting with your local newspaper. She tracked down the editor of her own local newspaper and said, "I'm a stay-at-home mom, and you should have a column for stay-at-home moms." She jokingly included the fact that making sure the bon bons are frozen only takes up a small fraction of her day, so what else would she and the other stay-at-home moms do with their time? The editor loved her email and offered her a column! It was unpaid, but it gave Stephanie experience and a credit to her name. Another confession? Despite all of her success, Stephanie still gets ignored constantly! She says that's ok too. Every ball does not have to get thrown back. Stephanie is on the lists for HARO, PRWire and RadioWire, so she often pitches herself 3-4 times per week. Often, she'll never hear back, but she gets to hone her skills, learn how to write in a more concise way, and someetimes, it totally works! The Down Side to BloggingStephanie shares that money for sidebar ads and banner ads simply isn't there anymore. It can be disappointing when she's getting new visitors to her site each month, but her ad revenue continues to plummet. Many bloggers have struggled with this trend over the past few years. Stephanie recommends getting out of that hole by diversifying your income and traffic streams. Never count on one thing only. "Figure out what you're good at and spin that into multiple streams of income." The Mommy Blogger Next DoorStephanie realized that on a day-to-day basis, most people view her as just a mom. They don't realize that she's making a full-time salary while working at home in her pajamas. She wanted other moms to be aware of the fact that they can make money online, so she started The Mommy Blogger Next Door Series. Her first book in the series: Real Moms Making Real Money, Blogging at Home in Their Pajamas is an introduction to the series and includes case studies of Stephanie and other moms who have been successful online. Stephanie also shares all the tips and advice she wishes someone would have given her when she first started working online. Advice for New Mom BloggersStephanie's number one tip for new mom bloggers is that you shouldn't have to spend money upfront to be successful online. You don't need to hire a web designer or SEO guru to get started. There are plenty of helpful women like Stephanie who are willing to share their advice, and it's not worth it to spend money on something when you're not sure that it's the path you will take long-term. Try things out, learn from others, and keep your wallet closed in the beginning! Stephanie also shares encouraging words for moms who have babies at home and plenty of household responsibilities on their plate. "Cut yourself some slack and give yourself grace," she says. "There are days when you will have more energy and days when you will not. There will be days when you have a colicky baby, and days when you will not. Do as much as you can, and then when you're done for the day... you're done for the day because there's always tomorrow." Traffic TalkSarah and I are always curious to hear how other women are getting traffic to their site. Stephanie gave us the inside scoop! Her #1 Traffic Driver continues to be Google. If you're curious about what a national TV appearance can do for your blog, Stephanie shares those details too: Now, on a month-to-month basis, Stephanie's slow cooker site gets anywhere from 1 million to 3 million pageviews per month. Want even more insider info?
The Social Media Site you Shouldn't IgnoreFor new bloggers, Stephanie recommends pouring time and energy into Google+. As she says, "Give Google what Google wants." Google wants Google+ to be the new Facebook, so they're giving a lot of preference to content shared on the site. (We have to give a shoutout to one of our listeners, Cheri of Orglamix.com because she also mentioned big traffic increases and sales any time she shares content on Google+) Why Stephanie Still Flies SoloStephanie goes against all of the traditional advice of out-sourcing and hiring help. She does work with a few contractors on an as-needed basis, but she's never felt the need to grow so large that she can't just do everything herself. She would rather hold tight to the reigns than outsource and feel responsible if the job didn't pan out in the long term. Stephanie watches, observes, makes thoughtful decisions, and refuses to let emotion or peer pressure lead. Stephanie's Hilarious Mom MomentTry explaining budgeting to a 13, 10, and 5 year-old, and you'll have Stephanie's hilarious mom moment! Press play on the podcast player to hear all the details! Stay in Touch with Stephanie!(There's a Mommy blogging tab in her header with a freebie for her subscribers on the tools she uses to build her site.)
Direct download: Episode207120Stephanie20Odea_mixdown20final.mp3
Category:general -- posted at: 3:30am EDT |
Tue, 3 February 2015
Do you have a picture of your ideal business in your mind, but perhaps it feels impossible because you're a military spouse and you're constantly moving? Maybe your business feels out of reach because you have young children at home, and you feel called to stay at home and care for them. Maybe your business idea isn't out of the question if you just think outside of the box a bit! Framing her ideal business in a new way is exactly what Melody Granger did when she started The Well-Organized Entrepreneur. She took an in-person, location-dependent organizing business and turned it into a business done completely online. No longer did Melody have to start from scratch every time her family moved. No longer was she constantly searching for customers that she could reach. Now, Melody can work with clients who live anywhere in the world. Are you intrigued? I know we were! Press play on the podcast player below to hear Melody's story, how she turned an in-person business into an online reality, and some great organization tips for any mom entrepreneur! On the Podcast01:40 - Organizing the Life She Wanted Organizing the Life She WantedWhen Melody's girls were little, she was still working a traditional job. She hated having to balance work with the needs of her family. She felt guilty every time she asked off because her girls were sick or her family wanted to go out of town. She decided for herself, "I'm not doing this. This is not the life I want." She started brainstorming and considering what she loved to do. She quickly realized that one of her favorite tasks was cleaning up messes! (Melody, would you like to come live at my house?!) From an early age, Melody remembers understanding the crucial link between our environments and our attitudes. Having the right space to work and live can make us more kind to another, more calm, and so much more. Knowing that she didn't want to start a cleaning company, Melody started an organizing business instead. She quit her job, created a website, and people started calling her! From In-Person Limits to Online SuccessMelody successfully ran her in-person organizing business for seven years. However, during that time, her family moved to a new city, then a hurricane hit and they were forced to relocate once again. She quickly became tired of starting over in each new location. Her light bulb moment happened when she realized that she was still able to connect with and help her old clients via phone. Why couldn't she help new clients in the same way? Melody confessed that it was quite a hurdle to convince new customers that she could help them without being physically present. She would say, "let me just show you how this is going to work. " By giving initial consultations over Skype and having her clients make progress right away, she was able to prove to them that she could help from a distance. How to Work with Customers in the Virtual SpaceSarah and I were both curious about what it actually looks like to help a client with a very physical problem, such as clutter, over Skype. Melody broke the process down for us. Initial contact - Melody usually chats with her customers via email first. Often people have questions for her before they're ready to commit. She answers their questions and eases their initial fears. Finding her Ideal AudienceSince so many individuals need help with organizing, how did Melody settle on entrepreneurs as her ideal audience? Melody discovered her ideal audience by, essentially, becoming that target customer herself. She went through a time period when she was growing her online business, her husband had lost his job, and she was feeling overwhelmed. She was stressed, and not taking care of herself or her environment. Then she had her light bulb moment. There were other people just like her, working at home, trying to organize both their personal lives and work lives, and they could use her help. She had experience in organizing both corporate spaces and people's homes, and now she could merge those two concepts together to help people whose homes and workspaces were one and the same. Essentially, she could help people just like her! 2 Tips for Managing Your Day
To-Do List Trouble? Melody can Help!As moms and entrepreneurs, we all have miles-long to-do lists! Sometimes, it feels impossible to get everything crossed off. While that may be true, Melody has a simple to-do list trick that can make your whole day feel better. Tackle that project that is weighing your mind and body down first. You know the ones Melody is referring to : they keep crossing your mind, they worry you, there's stress around the task. Maybe there's a deadline attached, or the deadline you set has already passed. Knock out this task first so you can get that negative, stressful energy off of your mind and body. Then, the rest of the to-do list doesn't feel so scary or stressful anymore! After Melody tackles this one, most stressful task, she always feels relieved and wonders, "Why didn't I do that sooner?" Marketing an Online BusinessMelody shares 5 strategies that help her to market and grow her business.
Why Melody Takes the Long ViewSometimes, it can feel discouraging to spend a lot of time on a guest post and see little results initially. Maybe we even get the chance to do a TV spot, but again, customers aren't knocking on our door. Melody takes the long view and believes that being omnipresent pays off in the long run. The more people see her name and run across her, the more they'll remember her when they are ready to hire someone to help them get organized. Melody remembers one such example where the long view made all the difference. She had the opportunity to appear on the local news a few years ago. A year or two later, Melody received a phone call from someone who saw her on the news. That one phone call turned into one of her biggest income generators for the next year. As entrepreneurs, we just never know where our next customer may come from. Even when it seems like our efforts aren't paying off, Melody says, "people are seeing you. They may not be responding immediately, but it will happen. Give it time." Why the Right Mentality Makes all the DifferenceSpeaking of growing a business, Melody shared a great tip that we might not consider as entrepreneurs. Our mindset can make a huge difference in our business. Melody shared about a time when she was running her business out of desperation. It was a few years ago, and she wasn't happy. People could sense that she wasn't happy or at peace about things, and they could also sense that she was being pushy! Now, Melody is at a place in her business where she's having fun, she's happy, and she's at peace. Knowing that, it's much easier for her to market herself and her business and be more successful. (I never considered how working from that place of desperation, although it could be a great motivator, might make us act and communicate in ways that our potential customers don't relate to. This is a great point for all of us to examine our motives in business and the attitude we're showing to the world as a result.) Melody's Funny Mom MomentsLife with two teenage girls sounds crazy and fun at the same time. Listen to hear what Melody's girls do to keep her laughing! Stay in Touch with Melody
Direct download: Episode207020Melody20Granger_mixdown20final.mp3
Category:general -- posted at: 7:31am EDT |
Fri, 30 January 2015
Are you taking full advantage of business mileage that you can deduct on your taxes? When you use your personal vehicle for a business purpose, those miles can add up to a deduction on your tax return. Tax deductions equal money in your pocket! Many small business owners don't realize that they can deduct an expense for business miles driven with their personal car. The IRS lays out all the details in Publication 463 (which is rather lengthy and boring!) so let me fill you in on the most pertinent details! As always, if you have a complicated tax situation, it's always wise to consult with a Tax Accountant. What counts as business mileage?Here are some examples of business miles you may include:
Any miles you drive in your personal car for a business purpose count.The IRS understands that when you drive your personal vehicle for a business purpose, it is costing you money in wear and tear and gasoline used. That cost to you is considered a business expense on your tax return. In order to calculate what this amount should be, the IRS has set up a standard mileage rate. It represents what you had to spend to drive each mile. The standard mileage rate is changed each year based on the price of gas and other inflation. In 2014 the standard mileage rate was .56 and in 2015 the rate is .575. For example, if you drove 100 business miles with your personal car in 2014, 100 x .56 = $56. This represents a business expense you incurred and can be included on your tax return along with all your other business expenses. And of course, since this is the IRS, they want you to keep careful records of the business miles you drove. How should you track and record your business miles?The IRS wants you to keep timely records. They prefer that you keep a log that documents any miles driven in your personal car for a business purposes. Your log should include:
Lucky for you, we've taken the guesswork out of things by creating a mileage tracker that you can stow in your glove compartment to stay on top of things. Grab a free, printable mileage log by subscribing here!At the end of the year, add up all of your business miles driven and multiply that by the IRS standard mileage rate. All of your other expenses such as parking, tolls, and meters can also be added up and included as an expense on your tax return. In most cases the IRS wants you to have a receipt of every business expense. However the IRS recognizes that sometimes a receipt is unavailable. They have made an exception and still allow a deduction when receipts are not available and the transaction is less than $75. The IRS recognizes that you may not have a receipt for certain transactions such as meters or tolls, and this is why recording these expenses on your mileage log is so important. The log serves as your documentation of these expenses. What if you didn't keep a log in 2014?Even though the IRS prefers that you keep track of business miles in a log, the most important thing is that you can support your claim of business miles driven. In years where I failed to track miles in a log, I went back through my business bank statement and business credit cards to look for places I drove for a business purpose. If you have been keeping your business money separate from your personal accounts as is recommended, quickly looking through the records to see where you drove for a business purpose won't be hard. For example, if I used my business credit card to purchase supplies from the local craft store, I know I drove business miles to get there. If I used my business debit card at the Post Office, I know that driving to the Post Office was business miles. I can then use MapQuest or GoogleMaps to determine the round-trip miles it took for me to get to the craft store or Post Office. Although the IRS prefers a log, I feel that at least with this method I can substantiate my claim of business miles driven with the financial record to back it up. If my personal money and business money were intermixed, this would not be so easy to do. Once you calculate your mileage expense, where should you include it on your tax return?If you are a Sole Proprietorship (just you) and file a Schedule C, include your calculated mileage expense plus parking and tolls on line 9 of Schedule C. Tracking your business mileage is an easy thing to do that will help you keep more money in your pocket! Let's chat in the comments if you have any questions. Were you able to save some money on taxes this year? -Sarah
Direct download: Episode206920Business20Mileage_mixdown20final.mp3
Category:general -- posted at: 7:23pm EDT |
Tue, 27 January 2015
Do you often feel overwhelmed, as though each day you're simply trying to keep from drowning? We've definitely had days like that before! Maybe you've just started a blog or business, and you're struggling to grow it while also finding time for everything else. If you're anything like me, you're thinking, "I'm already overwhelmed. What am I going to do when this thing actually takes off and really keeps me busy?!" Today on the podcast, we'll hear from a seasoned blogging veteran on how she manages to walk the tightrope of blogging, writing books, mothering, her marriage, and bettering herself too. Does this feat seem impossible? Crystal Paine is here to tell you that it's not. Press play on the podcast player below to hear her best advice on getting rid of survival mode, setting and accomplishing goals, and what balance looks like for her. On the Podcast01:36 - Slay Survival Mode with Goal-Setting Slay Survival Mode with Goal-SettingCrystal talks a lot about goal-setting in her book, Say Goodbye to Survival Mode. Here's why Crystal thinks goal-setting can eliminate the survival-mode mentality that's so common for busy moms: If you don't have anything you're aiming for, it's very easy to go around in circles without truly getting anything done. You'll spend all your time putting out fires instead of spending your hours and minutes with intention. Crystal often used to feel like she was very busy each day but would look back and realize she didn't actually accomplish anything. She certainly didn't get done the things that were most important. Now, Crystal has written goals for the year, the month, the week, and even the day. She knows what her target is, and every day she can take small steps in the right direction. For busy moms, those steps may feel like tiny little baby steps, but they equal progress and a life of intention versus survival mode. Prioritizing your PassionsCrystal encourages everyone to take the long view when it comes to their lives. At the start of each year at a minimum, ask yourself where you want to be a year from now. For some, a year away feels too overwhelming, so start with where you'd like to be 6 months or 3 months from now. Crystal asks herself which key areas of her life, when she places effort into them, will make the biggest impact. In 2014, Crystal set four key areas for herself: marriage, mothering, herself (exercise + continual learning), and MoneySavingMom (the business). Knowing that she was passionate about these key areas of her life, she made them the priority for the year. Crystal knows that there are many good or even great things to be involved in, but she can't do everything. She chose to put her energy and efforts into those four key areas, while saying no to other things. After discerning her top priorities for the year, Crystal broke those down into 12 goals. Crystal admits that she didn't finish all of those goals, and in all honesty, only completed a few of them. Still, when she looks back at the past year, she knows that she invested a lot of time into her marriage, mothering, herself, and her business. She saw a lot of fruit from that effort. So rather than be discouraged that she didn't accomplish all of her goals, she's encouraged that she made progress and focused on what was most important to her. She has seen growth as a result, and that keeps her motivated and inspired to continue working on these goals. Turning Off + Breaking DownAs a work-at-home mom with many years of experience, we asked Crystal to share some wisdom about how moms new to business or blogging might be able to get things done without entering into dreaded survival mode or getting burned out. Crystal shared two killer points when it comes to accomplishing your goals:
Crystal gave the example of a course that she's creating and launching this year. The idea of such a huge project can feel overwhelming. However, instead of only looking at the big picture, Crystal breaks that project down into all of the steps necessary to get there. She opens her Google Calendar and schedules in the bite-sized steps she'll take each day. Every task has its own assigned date and time. For example, on certain days she may be writing about a given topic for the course. On some days, she may already be packed full with other commitments, so she'll skip that day and move onto the next. A huge project is completely do-able when it's broken down into its parts. Breaking things down keeps Crystal motivated and inspired that she can actually accomplish the end goal. Short-Term Sacrifice for Long-term GainCrystal employed a very unusual method for writing her most recent book. We asked her to share more on the reasoning behind this decision and whether it worked well. Crystal starts by saying that she wouldn't necessarily recommend her unique method, but it worked for her for a season. Crystal often hears from other women that they'd love to start a blog or write a book, but they simply don't have the time. Maybe we're under the wrong assumption that because Crystal has a successful blog and business, that she's somehow miraculously gifted with more time or more ability to get things done each day. Crystal shares that that simply isn't the case. "We all have the same 24 hours in our day. We all get the same amount of time. It's a matter of what we're choosing to do with that time." Instead of giving the excuse that we don't have time, we each need to own our time and accept that we're choosing to spend our time in a different way. Certainly, some of us may have more obligations than others, such as a newborn or ailing grandparents to care for. But regardless, Crystal strongly encourages others to realize that they're in control of their time. With that being said, Crystal quickly realized that she would have to get creative with her time for her third book. She successfully wrote her first two books by waking up and writing early in the morning. However, after encouraging her readers to wake up early, all of a sudden she faced many new emails and blog comments early in the morning. Crystal often has to be online while she's writing for research. So when she would search her inbox for a certain email or her blog for a certain post, she'd be distracted by all of the new messages and comments from her readers. Crystal sat down with her family to discuss a solution to this problem. She was really passionate about the book, but she couldn't figure out when to write it. Ultimately, Crystal and her family chose a short-term sacrifice for long-term gain. Looking back, she's so glad she tried this method and wrote her book because she's very passionate about the topic and felt called to write about it. A Makeover for Crystal?We couldn't help but ask Crystal about her new course for 2015. While it's still in its early stages, Crystal shared that it will involve a makeover. "Wait....what?" It's not what you think! Crystal's course doesn't involve make-up, but instead, making over your mornings. Crystal is spending several months living out the principles of the course in her own life to make sure they truly work, then she'll work on content to encourage other women with practical ways to make the most of their mornings. Crystal knows from experience that the first hour or two of your day can set the tone for the other 22 hours. She admittedly wrecked her mornings a bit in order to write her third book, so she's excited to get back on track, and ultimately, help her readers to do the same. What Busy Moms can learn from Tightrope WalkersWe asked Crystal about that elusive concept of balance. Does it exist? What does it look like for her? Crystal shared two principles that help her to maintain a sense of balance.
In Crystal's own life, this meant that for two months, her sleep was off-balance as she wrote her book. In December, however, she's making a tweak in the other direction and spending lots of time with her husband and kids. Balance doesn't mean doing the same thing every single day. There are season where you may have to step back and focus on just one thing. However, over the course of a year, balance means that youu've spent a lot of intentional quality time investing in the things that are most important to you. Guilt and GraceWhen it comes to balance, we moms, whether working at home or outside the home, can often feel guilty for the choices we make. Crystal believes in giving yourself grace. Of course, there will be emergencies or a stressful time that comes up, in which case your kids may get a little less attention and perhaps an extra movie or two! However, there's no need to beat yourself up over these small choices as long as they're the exception to the rule and not a lifestyle. Conversely, one of the wonderful things about owning your own business is that you can choose to shut things off and fully focus on your family. Guilt comes easier as a work-at-home mom, but hopefully grace comes easier too! Making Memories + FunWe interviewed Crystal at the beginning of December, and it was so fun to hear about their family's plans for the month. Crystal shared that since the beginning of her marriage, she and Jesse have been intentional about keeping December simple. They like to have a December bucket list, where each family member gets to pick one or two things they want to do that month. Beyond that, they don't commit to other obligations. This December, the Paines are watching classic Christmas movies, driving around to look at Christmas lights, watching Frozen on Ice, and going to Ann Voskamp's Christmas tour. They're doing the things they love to do together rather than feeling overwhelmed. Crystal encourages others to decide for themselves what's most important to them. If you don't want to put up a Christmas tree or send out Christmas cards, then don't worry about it. "You're not being a bad mom if you're focusing on what's most important to your family." (Amen to that!) Stay in Touch with Crystal!MoneySavingMom.com P.S. Learn the Facebook and Pinterest strategies Crystal is using to grow her traffic.
Direct download: Episode206820Crystal20Productivity_02_mixdown20final.mp3
Category:general -- posted at: 2:04am EDT |
Fri, 23 January 2015
Does your blog have a Resource Page? If not you may be missing out on some great opportunities to help your readers and generate some income! Most of you probably already have a good idea about what a Resource Page is. Basically it's a place for your readers to come and learn about your tricks of the trade, favorite service providers, and favorite products. A Resource Page can also point people to your most helpful posts, or answer commonly asked questions. Things to include on your Resource Page:
After each link, include a little blurb about what the product or service is all about. No need to write a book on each link. Short and sweet works great! Organize everything by type so that your page is easy to navigate. Be as helpful as possible. A comprehensive resource is always beneficial to your audience, but it also gives you a place to refer people when they have a frequently asked question. Don't forget to make any links affiliate links where you can, and try to sign up for the affiliate program of any of the tools you are recommending. I think one benefit of the Resource Page is that it can be a revenue stream without a hard sell. Here at Brilliant Business Moms, we really try not to be in the game of selling all the time. You are already bombarded with enough ads and sales pitches everywhere you go, and we don't want you to feel as if we only love you for your pocket book. The Resource Page allows us to earn small bits of revenue in a helpful and non-salesy way. After all, hosting fees don't pay for themselves :) If you include affiliate links on your Resource Page, don't forget to include your affiliate disclosure statement at the top. Be as all inclusive on your Resource Page as possible. Don't forget to update this page as you find more helpful tools to add, or as you join additional affiliate programs. This page should be an ever-growing resource for your readers and a page you refer to in your posts or podcasts.
Here are a few examples of great Resource Pages to get you started: The Brilliant Business Moms Resource Page Pat Flynn's Smart Passive Income Resource Page Our sister-in-law Abby's Resource Page at Just A Girl and Her Blog What tools did you include on your Resource Page? -Sarah
Direct download: Episdoe206720Resource20Page_mixdown20final.mp3
Category:general -- posted at: 9:51am EDT |
Tue, 20 January 2015
Have you ever thought that blogging for profit means you'll have to just slog away for years, work countless thousands of hours with no pay, and finally, finally, your work may pay off? I know I've been guilty of that mindset before! Jesenia Montanez is here to prove that you can do so much more than just slog along for years. In less than 6 months' time, Jesenia grew her new blog to 100,000 pageviews per month, and she's monetized it as well. At the time of the interview and just 10 months into blogging at TheLatinaHomemaker.com, Jesenia is making a full-time income from her blog. Press play on the Podcast Player below to hear her excellent advice and strategies for blog growth and monetization. Whether you have a product to sell, a service-based business, or a stand-alone blog, there are tips here that can help you to increase your traffic and income and help you to diversify your revenue streams. On the Podcast01:16 - The Path to Full-Time Blogger Income The Path to Full-Time Blogger IncomeJesenia started her first blog around 2006, but it was very short-lived. In 2012, she started another blog that was more of a personal journal. At that point, blogging was a hobby that she did sporadically. Surprisingly, Jesenia was able to monetize that small hobby blog in a unique way. She added a "Hire Me" button to the site. She was able to build a VA business through that blog. Finally, in 2014, Jesenia decided to start a blog with full focus on monetizing it. TheLatinaHomemaker.com was born. Jesenia set a goal to reach 100,000 monthly pageviews by the end of her blog's first year, but instead, she hit that number by her 5th month! While she says that you can definitely monetize a blog with much lower numbers than this. For herself, she simply set this goal, wrote it down, stayed motivated every day, and made it happen in record time. 3 Strategies for Fast GrowthSo how did Jesenia grow The Latina Homemaker so quickly? She shares 3 key strategies:
Harnessing Pinterest for PageviewsAs we've heard from several other bloggers, the bulk of Jesenia's Pinterest traffic comes from Group Boards. Her own follower number isn't huge, with just 6,000 or so at the time of our interview, but that's not stopping her from getting tremendous traffic numbers from Pinterest. Jesenia began searching for group boards early on. She looks for boards that are most relevant to her content, not just the ones that are the biggest in terms of content or followers. Tapping into the followers of these group boards - followers who clearly had an interest in the topics Jesenia was writing about, really helped her traffic. Here's one of Jesenia's posts that has gone viral on Pinterest. The first photo has had over 16,500 re-pins so far! Jesenia's Pinterest Strategy ExplainedJesenia doesn't use Viral Tag or any other pin scheduler. How does she use Pinterest to get so many pageviews? Jesenia pins live throughout the day. She schedules a few minutes each morning, mid-day/afternoon, and evening to pin. She uses secret group boards to organize her content by day of the week. So, for example, every Monday Jesenia pins a selection of her posts to the group boards she parts of. On Tuesday, she pins from her Tuesday secret board. This allows her to consistently spread out her content to various group boards without fear of repeating that same content too soon. Hot Times for PinningDespite Pinterest's new Smart Feed, Jesenia still notices a correlation between the time she pins and when she gets the most clickthroughs and re-pins on her content. For her, the best tims to pin are between 8-9 PM Eastern, and again at midnight. She believes this is the difference between busy times for East Coasters versus West Coasters on Pinterest. Finally, Jesenia notices traction really early in the morning, and she believes that people may be more likely to see that content in their feed first. (At the very least, we think it's fair to say that early in the morning, your pins may be competing with less other pins for slots in that coveted Pinterest Feed... the same way Facebook's algorithm has been known to work.) Jesenia strongly encourages others to check out their Pinterest Analytics or Google Analytics for the best data on what times their pins gain traction. It could be different depending on your particular following. For example, she has a blogging friend who gets more site traffic from overseas, so pinning at 2 AM is a great fit for her. 3 Ways to Repin
(Secret tip - re-pinning from a pin that's become really popular or has gone viral gives that pin more clout in the feed. It doesn't matter if it's been pinned to a board that's not yours, piggy-backing on that specific pin's popularity will help you!) Learn more insider advice on Pinterest from Melissa Will and Crystal Paine. Why You Need a Blog BoardEvery serious pinner should have a "Best of" their blog or website board. This is where you can showcase your most popular, evergreen content. This board should be your very first board on Pinterest. Jesenia says you should promote yourself first, then share any seasonal boards, then finally, the boards with content that's most relevant to your own site. You're trying to attract people that are interested in that content, so (We've followed Jesenia's advice to the "t" on this one, with our Brilliant Business Moms Podcast Board, a Valentine's Day Board, then several boards on blogging, business advice, and marketing. Thanks, Jesenia!) How to Become a VAJesenia says that VA work can be acquired largely by word of mouth. Once you do a great job for someone, they'll refer you to the next person and the next one. Your VA business can grow really quickly once you get your first client under your belt. For a long time, Jesenia didn't realize that the work she was doing was considered VA work. She often thought of a VA as a virtual secretary, but there are so many things a VA can do: translating, web design, you name it! If you have a specialized skill, there's a good chance you can turn that into a free-lance or VA gig. Jesenia has made a full-time income from her VA jobs in the past. She's currently phasing that out because her own blog has grown, and she enjoys freelance writing and blogging more than her VA work. Jesenia's Blogging Income BreakdownWe were curious to hear how Jesenia makes money from her blog. She shared this info with us: In her 5th month of TheLatinaHomemaker.com, Jesenia hit $1,000 of income from the site.
In November, her income is larger, and the breakdown looks like this:
She's also done some freelance writing gigs, but that's not considered part of her blogging income. 6 Ways to Rock Sponsored Posts
How to Balance Blogging and a BabyJesenia's little girl is just over 1 year old. How does she balance the rapid growth of her blog with her little one (plus her 2 other kids at home!)
We love Jesenia's perspective on her blog: "Blogging is something I enjoy doing, but at the end of the day I'm a mom first... I don't want them to ever feel like my blog comes before them." 2 Tools for Success
3 Resources for Growing Your Blog
(We agree with all of Jesenia's recommendations for growing your blog! For more advice, hear our interviews with Ruth, Kelli, and Amy.) Encouragement for Beginning Bloggers"Take your time; don't overwhelm yourself." Jesenia remembers a time when her husband gently told her that maybe she should take a step back from blogging. She was spending too much time on it - to the detriment of herself and her family. So she did slow down a bit. Jesenia also recommends that you get creative when it comes to monetizing your website. If you have a product, sell it. If you have an Etsy shop, promote it. The process of turning a site into an income is different for everyone. "For some it happens quicker than others, but that doesn't mean it won't happen for you." Jesenia's Adorable Mom MomentJesenia's 1 year-old goes crazy dancing to a Microsoft commercial with a Korean pop group on it. Jesenia says, "I'm an Apple girl - you need to stop!" Keep in Touch with Jesenia!Jesenia was also so kind to mention that you can feel free to ask her anything! She's an open book and always willing to help. |
Sun, 18 January 2015
Whether you are brand new to business or are a giant corporation, building an ongoing relationship with current customers is key. In the noisy online space it can be difficult to be found by new audiences. When someone does find your business and talks about you, you want to cultivate a goodwill relationship. If a blogger has taken the time to mention your website or product, that opens up the perfect opportunity for you to say thank you and to build a long-lasting relationship. It gives you a chance to connect with that sneezer. When you work on strengthening those connections, it increases the chance of developing a long term customer of your product or blog. (By customer I mean not only someone who will buy your product, but also a reader or consumer of your blog, and someone who will continue to talk about you again and again.) These individuals have found you and are talking about you - they are your sneezers! Now it's time to show your sneezers how much you appreciate them and to build on that initial connection. If you are unfamiliar with the concept of a sneezer, take a look at this short podcast episode on the book The Purple Cow by Seth Godin (affiliate link, but only because it's such a great book!). It will explain everything! The basic gist is that sneezers spread the word about you because they are big fans. When you find people who are already talking about you, this gives you an opportunity to tell them thank you, join in the conversation on their blog, or offer a coupon code to their readers. They have already found you and are saying good things about you. They are sneezing about you to all their friends and readers. You can leverage that positive feedback by continuing to build a relationship with them. Conversely, if you find that someone is saying something negative about you or your company, this gives you an opportunity to address their complaint. If you handle an unhappy customer in a calm, helpful manner, that former unhappy customer could potentially turn into your biggest cheerleader. At the very least they will hopefully stop spreading bad information about your company, and it gives you an opportunity to learn and grow. How do you find out who is talking about you? The first way is through alerts. There are a couple different alert systems you can use to find out who is already talking about you.
In addition to alert services, look at your traffic sources for any new sites you don't recognize. This works for blog traffic as well as Etsy traffic. We learn more about our traffic and referrals in two places.
If you're an Etsy Seller, simply look at your shop stats then traffic sources. So what have I done with this information? Through alerts and blog traffic data, I have found several bloggers who have mentioned the Brilliant Business Moms podcast in a post. This gives me the opportunity to stop by their blog and leave a comment to say thank you. I know as a blogger that I would appreciate this. The blogger now knows that I am grateful that they are talking about my business, and hopefully this encourages them to continue being a loyal listener or reader. This works for Etsy shop too. Last year we noticed some traffic coming in from a blog we didn't recognize. When we checked it out, she had purchased some items from our shop and wrote an awesome and unsolicited review of our products on her blog. We didn't even know about it. We took that opportunity to get in touch with her and gave her a special coupon code that she could share with her readers. This resulted in additional sales for us. She was already a happy customer and willing to talk to her blog readers about us. By sending her the coupon code we opened the door for a continued relationship and additional sales. Checking in to see who is mentioning you and sneezing about you is such an easy thing to do, but it really creates an opportunity for you to show appreciation and build long-lasting relationships. -Sarah
Direct download: Episode206520Connecting20with20Sneezers20final.mp3
Category:general -- posted at: 4:17pm EDT |
Tue, 13 January 2015
Do you ever feel like you're just a speck of dust amidst the giant machinery of corporate America, or even amidst all the bloggers, entrepreneurs, and small business owners vying for your attention? I know I do! Allison Fine is here to remind us, as individuals, and as entrepreneurs, that people matter. We all matter. Our audience, on an individual, person-by-person basis, matters. When we work together, solve problems, and humbly admit that we don't have all the answers, we're capable of enacting so much good in the world. Listen to hear Allison's own experiences of Matterness along with the ways that you can make other people matter more too. On the Podcast01:47 - From Momentum to Matterness From Momentum to MatternessAllison used to run a non-profit in D.C., then she and her family moved back to New York. It was 2005, and she ran across an article sharing the news that Kuwait's all-male legislature had just voted for full women's suffrage. How did this happen? Thousands of women bought Blackberries that spring, and they were emailing the legislature under their burkas. With technology and social media, there has been a movement of power from institutions back to individuals. Allison began writing about the power of social media to enact positive social change through her first book, Momentum, and she hasn't stopped writing since. The Path to Becoming a WriterUnlike many authors we've met, Allison didn't dream of being a writer from a young age. Instead, she found a topic she was passionate about, a career that allowed her to work at home as a mom with young children, and as Allison says, "Hoorah! I think I'm pretty good at it!" How Conversation Changes LivesAllison gives great advice for entrepreneurs, writers, and anyone hoping to build a platform. "We need to move from last century's broadcast model to this century's conversational models," she says. The common advice for businesses used to be to simply get their message out there - to plug away and send their message AT people. Yet social media is inherently conversational. One person says something, another person responds. We have to stop declaring how wonderful we are and start asking questions and engaging in conversations instead. Conversation can change lives when we plug into the good energy that's available to us - all the people out there who have great ideas and want to help. 4 Rules for Communication that MattersIn Allison's 3rd book, Matterness, she talks about the fact that 10 years after society's transition into the world of social media, people still need to matter more than they do right now. Organizations are still trying to keep their distance from people. True leaders are emerging, though, who believe that people matter to their ecosystem, and here are 3 ways they communicate that matterness.
Harnessing the Potential of a CrowdAllison shares her own incredible example of harnessing the power of a crowd. During the 2008 presidential election, she and journalist Nancy Scola reached out the Nancy's blog readership at techpresident.com asking what they thought about the idea of using Twitter to protect voters from voter suppression in the upcoming presidential election. They put the question out there and were amazed at the response. A crowd of people who read the blog chimed in and said, "let's build this thing." Over the next 30 days, dozens of programmers, graphic designers, and many other stepped up to create a system that showed in real time where people were having problems voting. Traditionally in an election, a voter's only recourse for something that obstructed voting such as a long line, confusing ballot, or machines that don't work, would be to call a voter protection agency who would file a law suit after the fact. However, the election results wouldn't be changed. It would be too late. In this case, the system, TwitterVoteReport, allowed the entire nation to know where there were voting problems, and those areas were held more accountable with all eyes on them. The most incredible thing about this movement was that the software created is open-source, so many other countries around the world have been able to use it to report on their own elections, as well as report on difficulties during natural disasters. Allison points to two factors that contributed to this massive success: generosity and abundance. There are plenty of people in the world who are ready and willing to help. 4 Tips for Moms who want to Make a DifferenceYou may not be ready to change an entire election, but I'm sure there are ways that you'd like to make a difference too. Allison shares how any mom from any walk of life can make a difference, and she points to the example of Jennifer James. Jennifer was a mom blogger who quickly discovered that blogging wasn't her primary skill set, but connecting other bloggers to each other was. She created the Mom Bloggers Club, and had over 19,000 members after two years. She believed the group could have a greater purpose than just connecting with and helping one another. She created Mom Bloggers for Social Good, and 200 mom bloggers said Yes to learning more about important causes like child hunger, health care, and taking trips around the world to learn more about these issues. There are several things we can learn from Jennifer's example.
How Matterness affects MarketingAllison has changed her book marketing in 2 ways with Matterness.
(Allison truly follows her own advice. Listen to the very end of the podcast to learn how she made a new connection by talking with us!) Writing with LittlesAllison wrote her first book when her boys were little. We were curious as to what that process was like. Allison shared that her first son remembered that there was a lot of yelling. (Allison doesn't remember it quite this way!) She was fortunate to have a lot of help from parents who live nearby. She wrote early in the morning before the boys were up and edited at night. Her work fit around their schedule. Allison also shared a great secret that helps her to balance both motherhood and a career: she's an imperfectionist! She's never felt the need to be a perfect mom. She's aiming for "somewhat good" There are so many women who are caught up in whether or not they are good enough as moms. As Allison says, that question is unanswerable, and it breaks her heart that so many women feel inadequate. Puncturing Myths in the WorkplaceAllison's new favorite book is Overwhelmed, by Brigid Schulte. In the book, Schulte explores the notion of leisure time, all the benefits it's supposed to confer on us, and what to do in a world and culture that increasingly eliminates that leisure. She talks to sociologists, neuroscientists, and hundreds of working parents to seek insight and answers. Allison loves the way Schulte has punctured the myths around the workplace. She studies progressive work environments such as Manilow Software in Minnesota, where employees can come and go as they please, vacation when they want, and the company is extremely productive and successful. No longer do organizations need huge hierarchies and employees who work from 7 AM to 10 PM. This is out of step with our humanity and what we need to do things well, and Schulte shows us how and why. The ChurnWhat is the Churn that Allison discusses in her book, Matterness? It's the way organizations have become tone deaf to people on the outside, because they're so concerned with internal struggles. The Churn is that unnoticed guest at every staff meeting, where the majority of time is spent on internal processes and discussing what could go wrong out there. People quickly lose sight of what it feels like for their customers to engage with them. The Churn takes over. Allison shared a recent example from her own life. Her internet was out, and the Verizon customer service rep gave her an 11 hour window! Allison tweeted @Verizon - "seriously, you can't give me a smaller window than that?" Within minutes Verizon wrote back and said someone would be there at 3 PM. So what gives? Why could someone higher up handle the problem, but no one at the level of customer interaction could? This is the Churn. Companies are so worried about control and self-preservation that they don't even give their own workers to ability to solve problems and care about the customer. The Churn can happen to entrepreneurs and solopreneurs too. We can become so fixated on our to-do list and on process and forget about the people behind what we're doing. We eliminate the Churn when we focus on principle instead of plans - the principle that people matter - that our customers matter. This should trump all of our best-laid plans or intentions. A Proud Mom MomentAllison shared an incredible moment when her son, spending a semester of high school in Israel, had the opportunity to support the Women of the Wall. This group is working to get equal rights for women to be allowed to pray at the wall in the same way that men are allowed to. On the day her son visited, the women were hosting the very first Bat Mitzvah at the wall, and, as an opera singer, he used his voice to support them. Allison's son is certainly living out the example his mom has set - using his voice for good. We think Allison's doing a whole lot better than "somewhat good" as a mom! Stay in Touch with Allison!Twitter: @AFine
Direct download: Episode206420Allison20Fine_mixdown20final.mp3
Category:general -- posted at: 1:52am EDT |
Mon, 5 January 2015
Do you have a crazy dream? (If you're visiting our website, chances are, you do!) Would you go to any lengths to make that dream a reality? Learn one Etsy seller's true story of crafting a one-of-a-kind house so she and her family could make their entrepreneurial dreams come true. Debra Jordan has been on this journey for a long time, and I'm sure you'll learn a ton from her unique and exciting story! On The Podcast01:36 - Debra's Unique Story begins
Stay in Touch with Debra!Minky Baby Gifts on Etsy Read Debra's Story on the Etsy Blog! See Debra's Tiny House for yourself in this video of the Jordan family's recent remodel.
Direct download: Episode206320Debra20Jordan20final_mixdown202.mp3
Category:general -- posted at: 10:24pm EDT |